MTF Stock Pick Buy Strides Pharma Science Limited For Target Rs. 785 - HDFC Securities
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MTF Stock Pick Buy Strides Pharma Science Limited For Target Rs. 785 - HDFC Securities
TECHNICAL OBSERVATIONS
The attached Daily timeframe chart of STAR, which was falling from last few sessions but in the last 2 sessions it has taken a support on its earlier bottom and bounced.
The stock has also made double bottom formation on daily and weekly chart.
The stock has also taken support trend line expecting bounce from current level.
We observe a formation of bullish pattern on daily and weekly time frame
Momentum oscillators like RSI which has bounced from oversold level.
The overall chart pattern of STAR indicates long trading opportunity. One may look to create positional long as per the levels mentioned above.
Buy Strides Pharma Science Limited Up to 3 Months @ Add on dips 660 CMP 682.40 TGT 785 SL 654
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