STAR PAPER MILLS

NSE

STARPAPER

.

Broken All support and now at multiyear breakout Support. Should move up now.

Trade Explained in chart

S&P and Fib fan breakout. Tomorrow's candle will confirm the strength of the breakout.

Technical : Flag Pattern Breakout Confirm! @ 220 Technical Target : 405 Fundamentals Very Strong : (Fundamental Medium Term Target 1000) (Fundamental Long Term Target 1300) 1.Total (Mkt. Cap) : 424cr 2. Debt : 0.03 cr 3. Stock PE : 5.47

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

BO2 received on 3/Nov/2017

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)

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

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