STAR : Strides Pharma taking support
Good for investment and swing trading too.
Fundamentals not that strong, however FII and DII holding is around 18% each.
Technically strong.
View for education, not a SEBI registered advisor.
Saptarish Trading.
STAR 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
Strides Pharma has been consolidating in a range for the past 6 months.
This week stock bounced from the support it created previously and closed well.
Now if it sustains 740 levels them it could move towards 930 and 1000 in the near term and also go beyond it.
