Showing posts with label Ster. Show all posts
Showing posts with label Ster. Show all posts

Sunday, August 12, 2012

Ster : A break-out Trade

Monthly Value Areas : VAH-107.42, POC-103.58, VAL-99.74

Ster has broken out of Monthly VAH at 107.42 with good volume and looks like could move up holding VAH.

Based on the above a long could be created at CMP 110.95, with SL just below 107.40 (on an hourly closing basis) for a target of 113.70, and 118.60.