Blue Star Long Trendline Breakout ..Rsi is also Stong
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
CMP: 1157 - The stock is showing strength against the market structure - Trading 6% away from its All-Time High - Above important EMAs
levels are on the chart. let's see when the target gets hit. Learn and earn. this chart analysis is just for the learning
Cup and Handle Pattern formation. The breakout did not n done. Global sentiment is negative. Levels are on the chart.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets...
TRADE OR INVEST wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your. PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
Bluestar Cmp - 813 Stop - 690 on DCB Expectation - T1 - 1100 T2 - Open, Review at 1100 Expected Holding Period - 240 trading days or earlier for T1 View:- Swing/Positional Disclaimer:- Ideas being shared only for educational purpose Please do your own research or consult your financial advisor before investing
Buy BlueStar near 825-830 area, Stoploss 800 Target above 850 Study: Structure Breakout + Retest
Price forming a falling wedge pattern and it is going to break up very soon.
Harmonical pattern made cup with handle @ end --------------------------------------------------------------------- according to me break out point will be 690.60 so you can buy above 690.60 . --------------------------------------------------------------------- so 1st target - 800 (161.8%) 2nd target - 900...
May touch 769 and 761. more levels on the chart. Analysis is for my own study purpose.
Buy & Use Dips! Details available in chart! Do follow & Like us!
Blustar resisted from its swing high 562. 585-562 is supply zone for Bluestar. Once broken this level, buy can be initiated.
Long if sustained above 522 sl 493.9 Short if sustained below 494 sl 522.1 Target levels are as marked **Educational Purpose only