Android studio, Bluestacks Installation failed due to: 'closed'

I am trying to build an android app using bluestacks (my phone died)

Android studio can see the emulator in the devices list but when i try to run my app, android studio throws this error:

Installation did not succeed.
The application could not be installed.
Installation failed due to: 'closed'
Retry

I have tried launching both android studio and bluestacks as administrator.

I have also tried opening the standalone device monitor in the SDK tools folder This throws another error :

could not open Selected VM debug port(8700)

The error log of the monitor contains lots of errors of missing directories.

thanks

Solution

Go to Settings -> Preferences and Enable Android Debug Bridge, Enable android input debugging