BLUE STAR BUY @CMP 801.10 BUY RANGE 801 TO 805 TGT 1-830 2-840 SL-785
Bluestar is in long term up trend. In weekly, price crossed the previous swing high and closed above the upper BB. After a squeeze, BB is now starting to expand. One should ride the trend here and gain the profit from the uptrend. sl should be below the horizontal support - 645. tgt1 - 810 tgt2- 900.
Watching this stock with interest. Volume spike yesterday is interesting while the price action was muted. Stock is at fresh highs. Am watching this stock with interest.
first time breakout failed but again retested this level. Very good to buy at current level with sl 520 Trail Sl only.
Have a look at the monthly chart. Price has edged above the multi-year broad trading range. A move past previous month high of 584 would be a major sign of strength. Am watching this stock for a potential long entry.