Detailed View about this Breakout:
No.of Resistance: 5
No.of Support: 6
Consolidation Days: 1300+ Days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
BUY - STAR PAPER MILLS
CMP - Rs. 174
Target - 1: Rs. 280
Target - 2: Rs. 360
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Technicals - Cup and Handle Pattern
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This is just a view by an expert analyst, please invest at your own risk.
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Star Paper looking good at cmp 178 for short-term targets of 195 and 220.
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InvestPro India Team
Star paper mills is giving us a breakout on cup n handle today... It can generate good returns in near future...
Study yourself before investing into any stocks.. mus consult with your financial advisor before investing...
Educational post
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high...
Starpaper (D)
Keep this sector stocks on radar after ban on single use plastic
Volume accumulation is visible on chart
After breaking 175 with volume confirmation of stage 2
Relative Strength in green
NSE:STARPAPER
Cmp : 185.80
Target : 7%+
Stop Loss: Closing Below 180
#Study, Learn & Earn.
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#starpaper
#star
Breakout>retest>took last swing high
Star paper mill
looks good on weekly chart.
Has retested BO and sitting on last swing high levels.
Bit risky trade.
Entry made at 170.4
TGT 215
SL 145 CB
#vr
Currently, the Stock is making the ABCD pattern. If it breaks the Support, it will reach the new Highs in couple of months.
PS: This is purely my personal Opinion and not suggesting to buy or sell anything. All Risk is on yours.
![STARPAPER: [SHORT-TERM STOCK] BUY STAR PAPER MILLS @ 178](https://s3.tradingview.com/l/LvDRU0Si_mid.png "[SHORT-TERM STOCK] BUY STAR PAPER MILLS @ 178")
