Inverted Head And Shoulder PatternPossible inverted h&s pattern coming. Keep a look and have it in the watchlist.
STARHEALTH trade ideas
STARHEALTH Breakout Soon stockCMP: 741
- 33% fall in 11 days & recovered the same in the next 11 days, crazy V recovery in July
- It has been sideways since then
- Taking support at 21 EMA
Inverse Head & Shoulder pattern Inverse head and shoulder pattern on star health 1hr char. one can wait for a breakout. Tite SL will be 755 and those who are willing to hold can keep a SL of 27rs. This is only for educational purposes.
STARHEALTH Hey friends 🙋🏻
I'm here with a new chart for positonal trading idea.
This is star health chart which is showing IHNS pattern. Any close above black tl with volumes will confirm entry.
Targets are marked and my SL will be at 660 levels DCB.
Happy Trading!! 😇😇
Views personal.
I Can go wrong.
Not a trading recommendation.
DYOR
Star Health - Very good InHS Pattern and strong candidateStar health has been corrected a lot and forming Inverse Head and Shoulder pattern on daily.
It looks a very strong conviction after it moves above 760 with SL 670
Target would be 920 and ahead.
Breaked previous flowThis stock has breaked previous pattern. I am buying this today for intraday for the target price of 535 with SL of 514.
Star is India’s first Stand Health Insurance providerStar 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.
#STAR HEALTH long#STAR HEALTH long
Target -790
SL-643
CMP:697 @ 24 March 2022
shared only for educational purposes
Star health Making a W pattern"Star offers a unique proposition to play the fastest growing segment in the general insurance space. Given the market leadership in the retail health business, strong earnings growth prospects (25 per cent plus CAGR), limited cyclicality risk (commercial lines and motor insurance have high cyclicality), and healthy RoE profile (15–17 per cent over the medium term), we believe the stock deserves a premium,
Source : Economic times
LONG TERM GOOD RETURNS EXPECTEDIn formation of RSI5 and some 5 candle pattern
good support seen near 750
860-900 on chart seen
Star healthStar health Description:
1. buy when 15 min candle close above 796.45
2. huge sl 688.50
3. t1: 817.80, t2:843.95, t3:862.30, t4:880 , t5:903
Sell below 770 SL 780 TGT 765 and 758Suggestions are based on my analysis only. Please do your analysis before taking any trade.
