STAR Price Action

Strides Pharma Science Ltd (STAR) ended today at ₹869.3, closing near the upper half of its intraday range between ₹863.15 and ₹875.45. The stock displayed steady upward momentum throughout the session, supported by healthy trading volumes and buyers consistently stepping in closer to support zones.

### Technical Structure
- STAR trades above both its 20-day and 50-day moving averages, reaffirming short-term strength and a continued positive breakout structure.
- The daily chart features a sequence of higher lows, confirming bullish undertones and consistent accumulation by market participants.
- Momentum indicators such as RSI are hovering in the 58–62 range, signaling a healthy balance between momentum and overbought conditions, while the MACD line remains above the signal, adding to bullish conviction.

### Key Levels
- **Immediate Resistance:** ₹875; a close above this level may set the stock up for a push toward ₹900 and possibly ₹925 in the coming week.
- **Support Levels:** Strong buying support exists at ₹860. If breached, the next zone to watch is ₹845, which aligns with previous swing lows and potential moving average support.

### Volume and Sentiment
Trading activity was above the recent average, echoing the prevailing bullish sentiment and indicating that institutional and retail interest remains robust. A clear move with expanding volume above ₹875 would likely validate the next leg of the rally.

### Short-Term Outlook
As long as STAR maintains above ₹860, the trend remains firmly in favor of the bulls, and further gains can be expected on continued market strength. Short-term profit booking may occur near resistance, but overall sentiment and technicals point to strong underlying support for further appreciation.