BLUE STAR BULLISH VIEWEntry 920 - 930
Stoploss 890
target 1:3
just doing self analysis
NSE:BLUESTARCO
BLUESTARCO trade ideas
BlueStar BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Buy Blue Star @ 1065 SL 990 TGT 1266Buy Blue star at current price of rs.1065 sl 990 on closing basis target is 1266 , 1500 . risk to reward ratio is very good . i expect good return . please keep stop loss
blue starThe operating profit (excluding other income & finance income) for the quarter was ₹90.6 crore as
compared to ₹81.6 crore in Q3 FY21. Impact of increase in commodity prices, raw materials and ocean
freight, led to a lower EBITDA margin in Q3 FY22.
Other income (including finance income) for Q3 FY22 was ₹13.4 crore as compared to ₹8.1 crore in
Q3 FY21, due to subsidy received for one of the company’s manufacturing plants.Finance cost for the quarter decreased to ₹11.6 crore from ₹14.9 crore in Q3 FY21 due to reduction
in gross borrowings and lower cost of funds.
Earnings per share (EPS) was ₹4.94 v/s ₹3.82 in Q3 FY21.
The carried forward order book as on 31st December, 2021, grew by 4.5% to ₹3,301.3 crore compared
to ₹3,157.9 crore as on 31st December, 2020.
The net borrowing increased to ₹165.1 crore as against ₹131 crore as on 31st December, 2020, on
account of planned advancement in inventory levels to meet the demand for the upcoming season
and investments in the expansion projects at Sri City and Wada.
BLUE STARVery strong stock.
Month, week, day chart technical indicators bullish.
Entry - wait Range break out
This stock 8s near 52 week high(1091.15) level
Higher probability of upside movement.
1043, 1052, 1066 registens levels
BLUE STAR, Go LongBLUE STAR, go long with the immediate support as stop loss. RSI in good zone. Stock has formed a good base on current levels. Closed above pivot camarilla. Rising volumes.
Blue Star Is Looking Good For SwingWhat we believe in :-
°Trade With Logic
°Take Time Before Investment
Saving Your Capital 🙂
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DISCLAIMER :- This Channel Is For ( EDUCATIONAL PURPOSES )
blue starlist this stock in your watchlist
track for perfect signal
stock is not in news so book your profit at highst level
Blue Star Resistance Breakout ; LongRSI : Weekly and Daily Above 60 ; Suggesting Momentum to the upside.
Relative Outperformance to Broader Market (CNX 500)
Stop Loss Trigger: 850
Trail With SuperTrend on Daily or 4hour as per risk Tolerance.
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BlueStarCoShorter time frame, retraced till 61.8% and started upmove. 21EMA crossed recently. Should help for quick gains in shorter period.
Bluestar Breakout 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
BLUESTARCO IT STOCK HAS LOW ADX VALUE INDICATING A REVERSAL OF ADX. THIS CAN LEAD TO A HUGE MOMENTUM IN EITHER UP OR DOWN
. AS THE SCENERIO IS LOOKING BULLISH, THERE IS HIGH PROBABILITY THAT IT CAN GO HIGH ATLEAST 5-8 PERCENT FROM NOW.
blue starBlue Star offers one of India’s widest range of air conditioning and commercial refrigeration products, as well as a comprehensive range of air purifiers, water purifiers, air coolers, cold storages and specialty products. The diverse air conditioning product range serves both commercial and residential segments, and includes a solution for every need. Blue Star serves homes through precision inverter, split and window ACs. Commercial complexes and condominiums are served through a wide range of state-of-the-art VRFs and ducted systems. Showrooms, offices and ATMs use the Company’s commercial solutions including a range of standard split ACs as well as mega split, cassette, and verticool ACs. Blue Star’s chillers adorn landmark buildings and mega structures such as airports, malls, hospitals and industrial establishments.
Products
Room Air Conditioners
Water Purifiers
Air Purifiers
Air Coolers
Cassette Air Conditioners
Mega Split Air Conditioners
Verticool Air Conditioners
Water Coolers
Central Air Conditioning
Commercial Refrigeration
Cold Storages
Speciality Products
BlueStar is at good support. If support maintained. Go long on it as swing trade.
PS: this is for educational purpose only.
Bluestar - Multi-time Frame + EMA Support?? The Indicator Used:
PANEL 1:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
PANEL 2:
1) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Blue Star - Bearish Bias - Short at current levelsBlue Star - Bearish Bias - Short at current levels
