Strides pharma long idea

٢٢ أغسطس ٢٠٢٠

For two years the stock was trading in a range (as marked in the rectangle). Recently it gave a breakout of that range and also did a successful retest. Also good amount of buying volumes are also visible.So the stock looks good for longs. one can enter at cmp-612 . Stop loss-550 . with targets of around 800-810(based on resistance)