Trade ideas
Star LongStar Long
Long above 454 with 430 as SL before executing trade remember SL is 5.29%
T1 - 469
T2 - 484
T3 - 506
STAR Trading Plan - Turtle and Breakout SetupThere are two trades now.
There was a buy trade which is already in shit load profit and hence the r: R is not good for someone new betting on it at this moment.
But if you bet on the breakout, then it is a buy if it closes above 440.5. This is trade 1.
42 degree trendline projection gives 360 PE as another bet. 800 INR in 9 trading days. Tea money.
DoubleBottom : STARThe two bottom made at A and B is a false double bottom as the seperation between the two bottom is not long enough.
1st Bottom is at Point B : @342 levels
2nd Bottom is at point C: @ 342 levels
Seperation beetween point B and C is more than a month .
Breakout line is at 415 levels.
Went long @ 415 level for target of 496
buy on strides shasunCan break resistance at 427 and the bullish journey will commence as the pharma sector is also bottoming out.
Buy when gives closing above 430
STARLong term invetors protect your longs with trail & tight stop loss. Close Below 404-403 we will see sharp fall in this counter
a good risk reward trade ideastar gave good bounce from support. one can expect a move upto 420 and there is also divergence in obv in hourly timeframe so can go long at cmp with stop loss below 325 and target of 420 and above 440 one can trail for big gains
Strides Shashun at Make/BreakAnalysis with levels mentioned in chart.
Slighlty Bullish bias view is presented as stock was in a large downtrend.
Now Star ready to rise again After long down-trend price sustain & face resistance near 335
& trade in triangle pattern closing above 400
price may rich up to 460-480 fib zone
above 400 also 3-LR breakout
Potential Double Bottomi posted this before too lets watch on the volumes and if the neck line breaks good divergence on RSI too.
STAR | Will it shine for BullsEntry and exit as shown in chart. Very short time trade. keep trailing SL if one wants to go long for more days.
Strides Shasun entry if tomorrow closes in green.If tomorrow STAR closes in green on a sustainable basis, with a minor resistance at 480 we may see 550 in medium term.
