ReeAishw

Bluestar - Multi-time Frame + EMA Support??

ReeAishw Updated   
NSE:BLUESTARCO   BLUE STAR
The Indicator Used:
PANEL 1:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
PANEL 2:
1) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence

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The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)

HAPPY TRADING!!!
Comment:
- In 15 mins it has formed a H&S pattern and taking support from 860 level and standing on top of 100 and 200 Ema.

- In 2 Hours Timeframe it is nearby the Upper channel taking support from 860 level and standing on 100 and 200 Ema
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