Bluestar Cup and Handle Break outReason to Go for Long
Cup and Handle Break out at 1H.
Above Avg Volume on Breakout.
Possibility of Range Breakout at 3H.
SMI Indicator Buy at Daily chart
BLUESTARCO trade ideas
BLUESTAR Good buy signal !!#BLUESTAR CMP : 1358
An ascending triangle kind of pattern has been formed in daily chart .
BO Done.
Now trading near ATH zone.
Previously a C & H kind of pattern had been formed and BO done near 1185 level.
Recommended @ 1175 .Positional target was 1500+
Making higher highs for three days.
Best accumulation zone : 1290-1340
Now revised Profit booking level : 1500-1700
SL : According to ur risk appetitite.
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally
BlueStar Flag PennantBluestar :
Flag Pennant Breakout possibility
Long above 1500 with Support at 1444
Blue Star - Resistance Breakout Key Points:
- Bullish Trend - Three white soldiers candlestick pattern
- Resistance breakout @ 1280
- RSI crossing 75
- Tech showing buy signals
- Price is above 20,50,200 EMA
- Volume above average
Bhav is “ Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.
Breakout in Blue Star...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.
BLUESTARCOIn the Weekly chart of BLUESTARCO,
we can see that it has given a breakout.
Let it retest next week and then we can enter with a SL.
ATH of 1500 and 1600 can be seen in coming weeks.
Blue Star moving goodBlue star has indicator breakout of EMA.
All the EMA's 200,100,50 and 20 are aligned and the previous high is also taken out.
Exit 200 EMA
Bluestar, another star waiting to explode above 1085Weekly chart of Bluestar shows promise, I have been tracking this stock for last 1 year now. From 8th Nov 2021 price resistance of Rs 1085 been multiple times tested, 2 consecutive daily closing above this level can bring fresh momentum. If you are a breakout trader (keeping yesterday correction in Nifty), enter only with 50-60% of plan qty and pyramid more once it sustains above 1085 for a week or so. Pull back traders can add 30-40% qty at 1008 and more near support area. Weekly resistance has just crossed 57, daily RSI still not in overbought zone, make this an interesting stock to watch out for.
Blue Star All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
Blue Star LimitedBLUESTARCO:- stock has given breakout keep your eye.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
BLUESTARCO: All-Time HighCMP: 1157
- The stock is showing strength against the market structure
- Trading 6% away from its All-Time High
- Above important EMAs
Blue Star - Ready to flyRounding Bottom Breakout with Consolidation
Enter above 1241. Risky players can enter above 1226
Can target 10% -20% for short term of about 4-6 months
SL below 1175
Once in Profit, do Trail SL.
For Intraday, keep trailing SL for max gains
Breakout Idealevels are on the chart.
let's see when the target gets hit.
Learn and earn.
this chart analysis is just for the learning
BLUE STARCup & Handle Pattern Formed With Nice Price Action. Pin Bar Formed At Resistance.
Stock Has Done Well Last Week When Entire Stocks Were Going Down, So Good Relative Strength As Well.
On The Verge Of A Breakout.
Global Sentiment MattersCup and Handle Pattern formation.
The breakout did not n done.
Global sentiment is negative.
Levels are on the chart.
Blue Star Correction Wave Analysis - Long Term and Short TermLong-Term View: Based on the current chart (20 Aug 2022), the stock is in the Major #3 wave. Corona's low was Major #2. Within Major #3, Minor 1 completed, and Minor 2 correction (WXY) is going on. So far, it has not retraced 50% with W correction. Expected is to get 61.8% correction (Target 721) once it completes Y. Entry at 721 will be an excellent entry to ride Minor 3 wave (Target is 13000 - 13x from here)
Short-Term View: Currently, X correction (ABC) is happening. With-in ABC, AB is completed, and C is happening. Since ABC is a Zig-Zig correction, C is expected to complete impulse 5 waves. The target is 1180.
Blue Star Long Term and Short Term Wave AnalysisLong-Term View: Based on the current chart (20 Aug 2022), the stock is in the Major #3 wave. Corona's low was Major #2. Within Major #3, Minor 1 completed, and Minor 2 correction (WXY) is going on. So far, it has not retraced 50% with W correction. Expected is to get 61.8% correction (Target 721) once it completes Y. Entry at 721 will be an excellent entry to ride Minor 3 wave (Target is 13000 - 13x from here)
Short-Term View: Currently, X correction (ABC) is happening. With-in ABC, AB is completed, and C is happening. Since ABC is a Zig-Zig correction, C is expected to complete impulse 5 waves. The target is 1180.
Blue Star to take long entryClear BO can be seen in the charts. Long above @ 1065 for the target level of 1100 with SL of 1045. The resistance level of 1100 can be seen on the weekly chart.
RSI also forms positive divergences. This is for your education purpose only.
Breakout in BLUESTARCOBreakout in BLUESTARCO.
Entry - 1163
Target - 1363
DISCLAIMER: The ideas shared are only for educational purpose. I am not SEBI registered.
