Blue Star Ltd – Technical View
Timeframe: Daily
Strong double-bottom formation near demand zone, followed by a sharp bullish reversal. Price has reclaimed 20 EMA and moving upward towards the upper Bollinger Band, indicating trend recovery.
Momentum indicators are also turning positive, supporting upside continuation.
🔑 Levels to Watch
Support: ₹1,720 – ₹1,740
Immediate Resistance: ₹1,860
Upside Target: ₹1,920 – ₹1,950
📈 Outlook
As long as price holds above ₹1,780, bullish bias remains intact. Any dip towards support may attract buyers.
⚠️ Educational view only. Not a buy/sell recommendation.
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