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Bluestar Breakout

Long
NSE:BLUESTARCO   BLUE STAR
BluestarCO broke out of its descending triangle last week. Now the previous resistance has become the support. Entry at 848, The target for the stock can be 937 with a stop loss of 810. High volume can be noted at the break out day. Weekly MACD starting the upside momentum

TimeFrame : Daily
Triangle breakout
RRR - 1:2

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