BLUESTAR CO - VCP Accumulating for Buyon the verge of breakout
Risk to reward looks great
820 can act as an SL
BLUESTARCO trade ideas
Buy BlueStarBuy BlueStar near 825-830 area, Stoploss 800 Target above 850
Study: Structure Breakout + Retest
BLUE STAR TARGET 860,913, 945DETAILED INFORMATION ABOUT THE STOCK PLS CHECK BSE MOJO ANALYSIS OR USE SCREENER OR MONEYCONTROL
INVEST OR TRADE WISELY. MONEY IS YOURS WHICH IS HARDLY EARNED. THIS IS AN EDUCATIONAL CALLS. ITS MY POINT OF VIEW OR MIGHT BE DIFFERENT..
BIG Trend reversal in Blue Star LtdThe stock was in falling trend right from the time it made highs of Rs 1000, falling trend was followed by period of consolidation , stock took supports at levels which it has been respecting since Feb 2021. Now falling channel BO is seen , summer season is already knocking at door.
Bluestar - Falling wedge - Trade easy Price forming a falling wedge pattern and it is going to break up very soon.
Bullish Megaphone Pattern Breakout*Bullish Megaphone Pattern Breakout in BLUE STAR LIMITED .
*How to made and trade this pattern all details are available below attached link .
* Near breakout of megaphone chart pattern also made a inverted H & S pattern that shows the strength of this pattern.
Kindly Let us Know if you have any Questions.
Thank You
blue starHarmonical 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 (261.8%)
-------------------------------------------------------------------
________________
THANKS..
________________
Positional : watch for resistance breakoutIt is approaching multi year resistance with strong candle close.
buy above 890 for positional.
BLUESTARCO Chart AnalysisWait for the price to breakout and retest for an upward move.
High volume indicates smart money present.
-Mohit Rajani
BLUESTARCO, SWING PICK WITH GREAT POTENTIAL & LOW RISKBLUESTARCO has closed above 850 levels after 2.5 years. 850-870 has been major resistance area for stock.
If this sustains for a day or two above 850, then it is very good swing potential with 820 as support zone.
Thanks
Piyush Gupta
