Strides Pharma - Support Zone

STAR is trading near major support zone.
Also the 38.2% of the fibonacci level lies in that support zone. which indicates the strength of the bulls in that zone.
but we can also see that it forms a Descending triangle pattern which indicates more fall in the stock (Theoretically).

Do your own analysis and wait for the direction.

Chart PatternsChart patternsdaytradersindiadecendingtriaglefibonaccianalysisTechnical IndicatorsTrend Analysis

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