Strides pharma long ideaFor two years the stock was trading in a range (as marked in the rectangle). Recently it gave a breakout of that range and also did a successful retest. Also good amount of buying volumes are also visible.So the stock looks good for longs. one can enter at cmp-612 . Stop loss-550 . with targets of around 800-810(based on resistance)
Trade ideas
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We entered in this scrip @ 277 and we booked partial holding @ 615 making an earning per share of 343 points , resulting and investment Growth of 120 % +
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Good luck
STAR LOOKS WEEK | Add it to your Watch ListMany pharma stocks looking week from few days. Lets focus on STAR.
STAR below 400 looks bearish but Let it break the 395 level.
If it breaks that line with good volume then we can see the target of
Target1- 389
Target2- 379
Target3- 364
Mark this level on your chart!
Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!
STAR, DONOT MISS SHORTING OPPOURTUNITYSTAR is nearing its long term support level of 395 and has already broken psychological support of 400. If this trades below 395 on Friday, then can present good opportunity to short.
We follow simple price action process to trade short with high probability. Price action is trading process and it does not need any indicator and works well. All that is required to master this skill is knowledge of some simple rules and willingness to practice.
Request your support as always by your like/comment.
Thanks
Piyush Gupta