ShanTrader

Strides Shashun - good bounce expected soon

Long
ShanTrader Updated   
NSE:STAR   STRIDES PHARMA SCI
Star.ns Strides Shashun is moving in a wedge shape and should soon be in a position for a breakout to 490-500 range in the short term.

I am not a financial consultant and this should not be construed as trading advice. These are my own views. Kindly consult your broker or
financial advisor for trading ideas.
Trade closed: target reached:
I sold holdings @ 415 at upper trendline anticipating a move to lower trendline.

However the move lower has been stronger than expected with gives rise to an alternate call for lower range towards 335 and below. Will not suggest any fresh buying until strong indications of a turn around from current down trend.

I am not a financial consultant and this should not be construed as trading advice. These are my own views. Kindly consult your broker or
financial advisor for trading ideas.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.