Goal: Rs 905
Cease loss: Rs 849
Strides Pharma Science (STAR) has damaged above its latest swing excessive and is at present buying and selling in a Increased Excessive, Increased Low formation on the every day timeframe, signaling a continuation of the uptrend. The inventory shaped a powerful bullish candlestick within the newest session, backed by quantity above the 20-day common indicating strong shopping for curiosity. Technically, it stays firmly above the 20, 50, 100, and 200-day EMAs, reinforcing the prevailing bullish pattern. Moreover, the RSI stands at 77.50, pointing to sturdy momentum and potential for additional upside.
(Drumil Vithlani, Technical Analysis Analyst at Bonanza)
(Disclaimer: Suggestions, solutions, views and opinions given by the consultants are their very own. These don’t symbolize the views of Financial Occasions)