STARHEALTH PAR STRONG BUY!!!volume and technical candle stick shows strong buying in the base target 550 and sl 470
STARHEALTH trade ideas
Swing / Positional Opportunity in Star HealthGo Long @ 598.5 for Targets of 640, 697, and 750 with SL 573
Reasons to go Long :
1. On weekly timeframe stock gave Trendline breakout (marked with green color).
2. If we draw Fibonacci retracement from the recent swing low to the swing high then the stock took support from the 0.382 Fibonacci level.
3. In addition to this, the stock formed a Double Bottom (W) pattern (marked with a black dotted line) around 0.382 Fibonacci level.
Star Health - Good Long Term Investment Candidate CMP 467
Good price to enter
any further dip is Bonus
Keep accumulating with 12 to 24 months View ( Minimum )
Tgt 2x to 5x
Don't miss to Boost 🚀 the idea
For more info - Plz visit my profile
HAPPY INVESTING
Rgds,
Naresh G
SEBI Reg.RA
STOCK IN STRONG SUPPORT ZONE: SATRHEALTHStar Health Allied Insurance has been in a downtrend for a long time.
It is trading just above the strong multiyear support zone of 470 levels.
The quarterly result was not as per the MKT expectation.
It may take support around 470 levels if volume support favors.
One can enter for a longterm target of 550 - 600 if it consolidates in the current level for a week.
STAR HEALTH & AL INS CO (NSE) By KRS Charts Date: 28th June 2024
Time: 12:42 PM
Why STAR HEALTH?
1. First of all, Decent Fundamentals with Profit making for last two years.
2. On bigger cycle STARHEALTH has finished correction waves with ~454 Rs low
3. Today in Daily TF its Gap-up with strong volume and sustaining above 100EMA.
IF today STARHEALTH closing above 100EMA , its buy for TARGETS of 780 Rs from here for medium Term with SL of 515 Rs.
Thank You!!
Star Health & Allied Insurance Ltd (Star) at ATL available Star Health & Allied Insurance Ltd (Star) is India’s first Standalone Health Insurance provider and is the largest private health insurer in India with a market share of 15.8% in the Indian health insurance market in FY21 with leadership in the attractive retail health segment.
ATH Profit and sales. where as ATL price. Good buy for long term.
Futuristic sector as people will increase who take policies.
Star health share longNSE:STARHEALTH
star health share long idea.
note:
don't buy / sell this stock, please trade with your own research and responsibility.
Star Health on the MoveStar Health seems like moving out from a consolidation. Looks good for short term.
STAR HEALTH Monthly Chart Looking GoodDate : 04 Sep 2024
STAR HEALTH INSURANCE
After A Long Down Trend & Consolidation
👉 Monthly Closing Above 20 SMA
👉 Monthly Closing Above Anchor VWAP
👉 Monthly Closing Above OLD Resistance Trendline
👉 Trendline,20SMA & AVWAP Breakout With Very Good Volume
STARHEALTH - Symmetric Triangle Breakout🔊 STARHEALTH - Symmetric Triangle Breakout
STARHEALTH - STAR HEALTH & AL INS CO LTD
⌛Duration - Short Term (4 month to 8 month)
📊📈 Trade Logic -Symmetric Triangle Breakout
CMP - ₹628.65
Time Frame - Weekly
🎯Target 1 : ₹760
🎯Target 2 : ₹830
🎯Target 3 : ₹900
🛑 Stop : ₹560
🏆 Risk/Reward Ratio (1: 4.25)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
STARHEALTH -Cup and Handle -Breakout with volSTARHEALTH -Cup and Handle -Breakout with vol
Pattern: Cup and Handle
The Cup and Handle pattern is a bullish continuation pattern
Name - STARHEALTH
Pattern - Cup and Handle
Timeframe - Daily
Status - Breakout with good volume
Cmp - 628
Target - 736
SL - 616
Fundamentals:
Here are some key fundamental ratios for Star Health and Allied Insurance Company Ltd:
Market Cap: ₹36,805.87 Cr1
Current Price: ₹628.651
Price-to-Earnings (P/E) Ratio: 36.511
Price-to-Book (P/B) Ratio: 5.541
Return on Equity (ROE): 13.23%1
Dividend Yield: 0.00%1
STAR HEALTH INSURANCE Monthly Chart Is Looking GoodSTAR HEALTH INSURANCE Monthly Chart Is Looking Good !! 👀
Near Demand Zone & Support Zone 👀🔥🔥
Star Health InsurancePrivate sector insurance stock good fundamentals and FII DII holding
Also Rakesh Jhunjhunwala Ji has position of this stock could be a Multibagger stock In future
Technically could come down to retest (Marked on chart) after that resistance is at 646 then one way move to previous high
STARHEALTH LONGThe Elliott Wave analysis indicates that the stock has finished corrective wave a-b-c since IPO came. Wave (i) is finished and wave (ii) is about to end, which are shown by blue numbers on the daily chart.
It is a buying opportunity on the downturn (dip).
Wave (iii) will begin following the completion of wave (ii).
Wave (iii) is expected to have around five subdivisions, which are highlighted in red.
Wave levels are depicted on the chart.
Inverted Head and Shoulder Pattern is also forming and shown on chart below.
Level of Invalidation
The invalidation level of 454.80 has been identified as the starting point for wave (i). If the price falls below this level, it means that the projected Elliott Wave pattern is not as it appears.
I'm not a registered Sebi analyst. My research is done solely for academic purposes.
Please consult your financial advisor before trading or investing. I bear no responsibility for your profits or losses.
Regards, VJ.
Starhealth 20 DMA(Blue) has crossed 50(Yellow) and 150(Green) DMA towards upside and 50DMA has crossed 150 DMA. RSI is showing strength (above 70). Will move well after earnings are announced.
200 DMA (Red) may act as resistance but it is showing strong trend formation.
STARHEALTH (Trendline Breakout Seen on WTF)Star Health and Allied Insurance Company Ltd (STARHEALTH) has given a trendline breakout on the weekly chart frame (WTF). The stock could head towards 610, 650 in the coming few days. Also, increasing volumes can be seen on the WTF. The stock is also trading above 200 EMA level, which is placed at 558 (on daily time frame). Stop loss can be placed at the low of the current weekly candle, which is 555. #STARHEALTH
Disclaimer: This post is for educational purpose, and not a recommendation. I am not a SEBI registered analyst. Investors must consult a financial advisor before making any investment.
LongI feel it's going up only in long run
595 will break hurdles for upside
Tgt 670, 780,865, 941
Duration can be long but it's good for long
...for education purpose only
Not sebi registered
Buy star health for a target of 640Buy Star health for a target of 640 in 10 trading sessions. Can be added to portfolio for long term
Investment Idea for Long term InvestorTrade idea for Long term Investors
High Reward Trade for High Risk Investors
Success rate 80% - 90%
"Realize Full Potential of a Stock by having Patience"
"Stock Market is more about What can happen rather-than what will Happen"
In Markets there is no 100% Guarantee but one can invest in High Probability Stocks
ALWAYS KEEP IN MIND
Rule 1 : Respect Target & Stop-loss.
Rule 2 : Hold the Trade until the Rule 1 is not met.
Rule 3 : SL on Day Close Basis
Rule 4 : Never do averaging if trade moves against your direction
STAR HEALTH ready for multi-year breakout Descending Triangle Breakout Setup
RSI near 65 and rising
Trading above EMA50
Volume increasing
2.5+ years of consolidation
Enter after confirmation
Disc:for study, not a recommendation
STAR HEALTH - Swing Trade Analysis - 30th June #stocksSTAR HEALTH & ALLIED INSURANCE (1W TF) - Swing Trade Analysis given on 30th June, 2024
Pattern: FALLING WEDGE BREAKOUT
- Weekly Resistance Trendline Breakout - Done ✓
- Volume Spike at Weekly Support Zone - Done ✓
- Demand Zone retest for a Small SL and a better RR - In Progress
* Disclaimer
