The stock seems to be breaking out of a consolidation of a year in the making! Can the next leg start? Let's see!
Looking weak on all time frames, Loss of momentum Wait for it to settle
Target 213 from current levels C>210 can rise till 225 SL 180 CCI D/M >100 CCI W = 88, rise till 210 will make it >100 Duration 2-3 weeks from 210 levels if achieved by 3/Nov/17
Target 213 from current levels C>210 can rise till 225 SL 180 CCI D/M >100 CCI W = 88, rise till 210 will make it >100 Duration 2-3 weeks from 210 levels if achieved by 3/Nov/17
Very nice flag formation.technical+fundamental buy range 170-200 SL 160( trail prefer ) target 350 600(PE multiple Target)
crossed the triangle with huge volumes and trading at life time high. comp has to announce results yet, keep an eye on that aswell. should got to 250-270 levels in 6-9 months time SL-185
As seen Star Paper has broken out of symmetrical triangle with volumes on the daily chart a few days back. At the moment it is re-testing the breakout levels, which is a good place to enter longs. Stock is at its highs. CMP- 197.05 Expected Levels- 245 SL- 184 A good risk reward: 1:3.7