📊 Blue Star Ltd – Bullish Reversal from Support Zone
Stock has witnessed a strong bounce from recent support levels with a bullish breakout candle supported by rising volume, indicating fresh buying interest.
🔎 Technical Observations:
• Sharp recovery after consolidation phase
• Strong bullish candle with volume expansion
• Price reclaiming short-term resistance
• Momentum indicators turning positive
• Buyers gaining control near support zone
🔑 Key Levels:
• Support: ₹1,580 – ₹1,520
• Major Support: ₹1,458 – ₹1,397
• Resistance: ₹1,714 – ₹1,825
🚀 Upside Targets:
• ₹1,764
• ₹1,825
• ₹1,887+
📉 Risk Scenario:
Sustained move below ₹1,520 may weaken the bullish setup and trigger further consolidation.
📈 Trading View:
👉 Fresh buying momentum visible after support bounce
👉 Breakout above ₹1,714 can accelerate upside towards higher targets
⚠️ For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊