STAR aim for the range 697 to 740

Looking at the analysis of **STAR (NSE:STAR)** in the following time frames:
**22-day time frame**, **weekly time frame**, **daily time frame**, and **4-hour time frame**.

The trend suggests a potential movement between the **Support Zone (₹690-₹697)** and the **Resistance Zone (₹740-₹750)**.
This translates to a percentage move of approximately **7.42%** 📊.

Anything below ₹690 can be considered as a stop loss in this scenario.

We are using channel patterns to identify these ranges accurately.

The price is currently consolidating near the support range with a potential bullish reversal.

1. **Bullish View:** Expecting a breakout above ₹750, leading to further upward momentum.
   
2. **Bearish View:** Further decline if the support zone ₹690-₹697 breaks.
   

The setup shows a very interesting formation with high potential! 🚀

⚠️ **Note:** We should expect further decline if **STAR** breaks the **Support Zone (₹690-₹697)**. ⚠️

🔔 **Be sure to follow the updated ideas.** 🔔

⏰ **STAR Analysis** on multiple timeframes!

Do not forget to put **Stop Loss** for your positions (for every position you want to open).

**Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.**

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**STAR**

**Idea snapshot link:**