ASTER DM HEALTH CAREAster DM Healthcare was in downtrend since listing recently stock given clear breakout above downward trending trend line. TGTs and Stop marked on chart. for educational purpose
ASTERDM
Aster DM Long SetupAster DM Healthcare Ltd Can go long at 190 with stop loss of 150. Upside rally can expected 230 to 270
LONG TRADE CANDIDATE - ASTER DM1. The stock is trading in a ATH zone and break above 195 can ignite the stock.
2. Bullish Head & Shoulders Pattern is clearly visible and the neckline is still intact.
3. Once the Neckline is broken, it will trigger the entry and we can expect levels of 280/300 very soon, in 3 to 9 months
4. This is a weekly chart and noise in daily / hourly charts to be ignored. For decision making, strictly following 'weekly close' will save us from fakeouts or any other wrong decision making.
Do your analysis and decide the trading plan that suits your trading style.
Aster DM Inverted H&SNSE:ASTERDM
Buy above 195 or near 150-160
SL closing below 140
T 235, 255, 270, 300
ASTERDM LOOKS GOOD ON THE VERGE OF BREAKOUTASTERDM looks good above 175 (CMP: 176.45) weak below 148 can go till 272
Positional trade: inverted head & shoulder buy above 185 for Swing or positional trade
small resistance till 195.
stoploss for swing keep below trendline around 160
for positional add in dips and keep sl below 132
Positional and swing target - 210, 245, 273, 286
follow proper stoploss and risk management
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
Aster DM - Can give 10% and higherAster DM looks good for a further upmove from the current levels
Levels are mentioned in the chart
Try to enter near the base of the triangle
If you found the idea useful, give a like and show your support. Thank you!
Happy Trading!
Regards,
Segan
AsterDM looks good for entry.CMP - 164
The stock has broken the resistance and retested it today, now I am anticipating that it will touch the 180. The view invalidation level is 152.
The analysis is just for educational purposes, please contact your financial advisor before making any trade.
Aster DM Healthcare Resistance Breakout heavy spurt in VolumePositional Trade: DM Healtchare
CMP: 162
Target: 180
Stop Loss: 150
interesting pick - possibleclose above 165 can be a buy
with stop below 152 - dcb
points to be noted while entering - volume support should be there
disclaimer - trade @ own risk
#ASTERDM CMP156.50 #target 173(11%) #TECHM #WIPRO #LTTS #LTI #LT#ASTERDM
NSE: ASTERDM
Short Term Earnings
CMP 156.50
Target : 173.15
SL : 148
Timeframe < 45 Days
Can hold for longer time
Factors:
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
AstermDM FLAG Breakout !!TREND ANALYSIS & TRADE SETUP !
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 8-10 times .
ASTERDM - Bullish Flag near 52-week highHi Investors,
ASTERDM is consolidating near its 52 week high. Breaking above the flag with volume can bring new upside momentum. Around 194 is its life time (Two years') High.
I hope you will benefit from this Knowledge
-MetaVish
ASTER DM HEALTHCAREHistorical Support at 140. Very Important level
LTP < S1 -> Negative. But there is trendline support and the Price respects the trendline. So there is a possibility of breakout avoiding S1 resistance at 140.
Also Healthcare sector is booming due to Corona virus and Lifestyle diseases.
Long above 140 | SL 110 | Target 200 Range
Good Luck Investors❗
#AMSTERDM #BANKNIFTY #NIFTY #NSE #BSE #TRADING #COVID19 #INDIAASTERDM
CMP: 121.95
Target 1: 159
Target 2: 141
SL: 117
Slow consolidation at 129
