STAR - ready to flySTAR is ready to fly above 360.
last 2 days stocke tried to breakout, but on 15 misn charts, stock was not able to sustain above 360.
once it closes above 360, we can see good rally
STAR trade ideas
STAR - Wait for the confirmation Expecting a breakout at the level of 357-360
These are my thoughts am not recommended advisor.. Do your own analysis , when you enter , please be prepared with minimum 3-4 good reasons why you enter.
* Giving confirmation but failing to breakout
* Lets wait for confirmation and make conclusions from MA and VOL
* Falling Wedge followed by good consolidatory support zone
PS: This is for educational purpose. Feel free to give your own thoughts and I am happy to learn from you.
STAR BUY @ 346.3entry 346.3
sl 336
risk 515rs
qty 50
price is at very strong weekly support area and coimg out of very tight consolidation
Buying opportunity in Stride pharmaOn weekly charts, this scripts seems on strong support zone near 280 indicating the ascending RSI above 30 levels.
On financial sides, though the YoY revenue generation is seen weak, the Q4 revenue is up by more than 6.50%.
Short term holding can deliver targets 320, 342, 360
Strides - mega wedge breakout possible hereStrides is on the edge of breaking out of this mega wedge
Next few sessions will give clarity. On watch for longs
STAR Long viewSTAR currently at a support level and we can see it reversing form this level.
Good to add this stock for short term with 1:4 R:R.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
LONG ON STRIDES PHARMAMonthly chart big support at 300-320 level
SO CAN BUY FOR BIG UPSIDE FROM HERE .
Investment pick Star pharmaBuy Star pharma at 400 target 2200. Dont miss
Stock oversold and big hands accumalted below 600.
buy above 436 for target of 470Buy Star pharma above 436 for target of 470.
Good short covering expected above 436
STARStar breaking out of descending channel pattern with good volumes. Only pharma stock which didnt rally in recent pharma upmove.
Could be bought with mentioned stoploss & target.
STAR 5 of c and BATStar formed BAT pattern and looks like complete 5th of C and would complete 2nd wave too. most probably third wave would star from cmp or at 786.
425 would be best entry price
Strides buy signals in oversold. Portfolio buyStock is quite oversold. Good levels to add to portfolio
No SL on this trade
STRIDES PHARMAOnly buyying zone previously high acting as support
Target mentioned in chart
Do your own analysis before investing
Only follow price action
STAR - BearishThis is very bearish, all supports are mercilessly broken, 530 was a hope...
next intermittent support are at 495, 473, 436 (Potential consolidation zone) Equally breach of this will be 348, 308 ....
Mean reversionThis is a classic swing trade for mean reversion., in swing trade we basically check 52 week low or 52 week high and check the most suitable scrips and also the golden or death cross and take position based on that learning.
Can we expect flag breakout?Strides looking good RR at these levels.
One can buy for immediate targets of 745 and 860
Long term looking for 1500
