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ParamjitMahapatro
Aug 24, 2017 1:55 PM

bluestar looks bullish in medium term. Long

BLUE STARNSE

Description

Bluestar is in long term up trend.

In weekly, price crossed the previous swing high and closed above the upper BB. After a squeeze, BB is now starting to expand.

One should ride the trend here and gain the profit from the uptrend. sl should be below the horizontal support - 645.

tgt1 - 810 tgt2- 900.

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moving up , closed at 766.75

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moving up as expected, till now 787.75

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price came down to retest the breakout level, before moving up, hidden bullish divergence also seen.

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moving upward as expected, till now 801.

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big move, 5% up , now closed at 810.80, cheers.
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