Is BlueStacks App Player compatible with Windows XP SP2?
No, you can't install the application on SP2. According to the official system requirements posted on the Bluestacks FAQ page, the software requires Windows XP Service Pack 3 minimum to complete the installation. You can check these requirements by yourself using the following link: http://support.bluestacks.com/hc/en-us/articles/202010998-Windows-XP-32-bit-only-installation-requirements