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
Whole paper sector is in a lime light despite market is in off mood from last few days.
Chart -> Star Paper Daily
Range breakout after 3 years.
CMP: 185.80
Targets: 200, 220, 245
Stoploss: 165
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
NSE:STARPAPER
Cmp : 185.80
Target : 7%+
Stop Loss: Closing Below 180
#Study, Learn & Earn.
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Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial...
#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
Triangle pattern wait for a conformation candle or candlestick pattern or either wait for breakout or breakdown
always trade with risk reward ratio
always trade in a discipline
study purpose trade at your own risk
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.
Please enter the trade once u get a proper breakout or reversal from the levels, Do not hesitate to contact me with any queries. Kindly support my views. Thanks
