Bluestar Ltd - 27.08.2021

Bluestar Ltd - 27.08.2021

The stock has been a strong performer in the past 6-8 months

The strong resistance zone is 835 & the strong support zone is 790 (which is breached this week= week low @ 764

there is a MACD Bullish Divergence (Weekly), Stochastic Bullish Divergence (Weekly), prices are below ema at the moment

Let the prices go above 805

one can initiate a buy position above 805

support & target price will be defined once the prices are above 805