Is this stock getting ready for an upmove after 75% correction?STAR fell from 1000 levels and recently mada a low of 263. Now it's coming up to test it's 6 month old trendline and crucial support and resistance zone.
Buy above 337 levels intraday for 0.75-1% move.
Positionally buy above 342 level on closing basis. Targets would be 348, 359 and 368.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
If target 1 is reached - then aim for next target if previous target is breached.
Learn & earn,
Dr . Tanya Kumar
