Strides Pharma (NSE: STAR)
- Price did not go as expected and might be retesting the breakout of the long term resistance line 1 and is holding above it
- Demand is not able produce any result to the upside showing dominance of supply
- Price might retest the down sloping green resistance 2, breakout of which occurred on 29th may with big up spread candle on good volume
- If price breaks and close below 705 which is below the low of 29th May candle, long term view invalidates
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Not investment advice.