A stock which coould be turned around thanks to the owner again paying attention to the company.
Long above 420 as the co could hit momentum.
Stoploss below 398.
Stock Name - Strides Shasun Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 425
#This is not Buy and Sell recommendation to any one. This is for...
Star is looking good as per Gann Time formation for buy and sell time analysis. Now Gann time is now buy.
I did sqroot of highest and lowest point then I get the time cycle.
The stock consolidated for a one year after a huge fall.
Now stock gave breakout from its level.
Volumes also good and RSI showing strength.
This is only for educational purpose.
Strides pharma 1htf can enter with small stoploss
It may breakdown also it it breaks down really a good opportunity because in daily time frame it is at very important resistance
Keep on Radar #STAR Reversed from 280-290 Range
In corrective wave since NOV 2015
Might be another bull run after 7 years
Positive RSI & Spurt in Volume too
Even corrective rise is at least double the price from current level
Chart -> Strides Pharma Daily
After a brief downtrend, the stock is trying to create a base with a triangle formation breakout and volume.
CMP: 345
Targets: 389, 414
Good range: Around 333
SL: 310 Daily close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial...
Another one of those Pharma companies which was in the wars over the past 1 year..the management has made many mis-steps and lost focus..leading to losses.
All the attention shifted to its biologic business.
THe RSI now had a divergence and the follow thru days show that there could be a bottoming out here.
The stoploss here is 290 and its deep..but this is a...
