Blue Star Ltd. - Long Setup (Swing Trade)Blue Star Ltd. has approached a key level, presenting a potential swing trade setup. Here’s the trade plan:
Entry Zone: 1880
Entry Price: Once a 15-minute candle breaks above 1880 , the high of that candle will confirm the entry.
Target: 2048.50
Stop Loss: 1795.80 (Triggered if a daily candle closes below this level)
The stock is currently testing the entry zone at 1880 , and if there’s a confirmed breakout, we could see momentum driving it toward the target of 2048.50 . The stop loss at 1795.80 offers a controlled risk, providing a favorable risk-reward ratio for this setup.
Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
Bluestarlong
BlueStarCo Soars from 747.95 to 1926: All Targets Reached!BlueStarCo has shown a remarkable bullish run since entering at 747.95 on 6th September 2023. The price has not only reached all take profit targets but also surged far beyond expectations, currently trading at 1926.
Key Levels:
Entry: 747.95 – This marked the point where the bullish momentum took hold.
Stop-Loss (SL): 724.85 – Positioned below the entry to minimize downside risk.
Take Profit 1 (TP1): 776.55 – Reached early in the trade, confirming a strong start.
Take Profit 2 (TP2): 822.80 – Hit as the upward momentum continued.
Take Profit 3 (TP3): 869.10 – Met, indicating strong sustained buying pressure.
Take Profit 4 (TP4): 897.65 – Final target hit, followed by a significant price surge beyond all targets.
Trend Analysis:
The price action has been well-supported by the Risological dotted trendline, confirming a consistent uptrend. The continuous rise from the entry point shows no signs of reversal, with the current price sitting at 1926, nearly doubling the initial entry value. Traders who held on to this trade have seen tremendous returns, and further gains are still possible as the momentum remains strong.