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aks85

Star Paper Mills- Buy Setup- Symmetrical Triangle Breakout

Long
STAR PAPER MILLS (NSE:STARPAPER)  
aks85  
NSE:STARPAPER   STAR PAPER MILLS
3
0
As seen Star Paper has broken out of symmetrical triangle with volumes on the daily chart a few days back. At the moment it is re-testing the breakout levels, which is a good place to enter longs. Stock is at its highs.

CMP- 197.05
Expected Levels- 245
SL- 184

A good risk reward: 1:3.7

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