ASTRAL
ASTRALASTRAL:- Wait for breakout only after planning something
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As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
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Ajay.
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AstralENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Short Astral below 1947Short Astral Ltd. below 1947, Target 1 = 1923, Target 2 = 1899. Reason for trade Price is consolidating between 1960 -2020 and is trading near the lower range. Every buying is getting sold at top. Once price sustains below 1947 it can go down.
Please Note I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade.
Inverse head and shoulder in AstralChart -> Astral Daily
An inverse head and shoulder breakout after a downtrend.
CMP: 1483
Good Range: 1400 to 1480
Target: 1600, 1720
SL: 1383 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
ASTRAL LTD : AN EXCERCISE FOR ALL Who else See a Head n Shoulder Pattern on chart of Astral Ltd . I have intentionally not mentioned the entry level and the target. Let's make it a mutual exercise for everyone on this forum. If you are also seeing , the same pattern, please mention right entry point and targets , in your opinion , in the comment section.
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Good luck !!!
Inverted HammerThe Inverted Hammer also forms in a downtrend and represents a likely trend reversal or support.
It’s identical to the Hammer except for the longer upper shadow, which indicates buying pressure after the opening price.
This is followed by considerable selling pressure, which wasn’t enough to bring the price down below its opening value.
Again, bullish confirmation is required, and it can come in the form of a long hollow candlestick or a gap up, accompanied by a heavy trading volume.
Script = Astral
Time Frame = 1 Day
This Is Your Next Swig Trade Hello, Friends we are again today with a best swing stock " Astral Ltd " You can clearly see here that It is going to be very bullish as it has gone up from 200 smma with a double top and a fresh breakout of a Strong trend line , Although you get a Nice 18% target or swing you can take target of 10% as other's take. So For it can be considered as the best buy right now. Thank You all like it and please do follow us on Trading view.
Astral AnalysisAnalysis Parameters- Trend Line,20 SMA, 50 SMA & Bollinger Bands
M TF- Took Support on 20SMA
W TF- Bullish Candle on 20SMA
D TF- Closing just below 20SMA (20SMA at 2091; closing at 2086
H TF- Above 20SMA
For long trade,
wait for the breakout over on daily TF over 20 SMA
T1- 2136
T2- 2204
For Short Trade, below 2064
T1- 2012
T2- 2000
T3- 1950
Keep a trailing SL on either side
ASTRAL - All Time High Breakout + huge volume - Swing/InvestmentThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
ASTRAL - Swing and Investment AnalysisASTRAL - Swing and Investment Analysis
1. Excellent breakout done in a weekly timeframe with the proper retracement.
2. Good time to buy this stock for a very short-term swing or a 1 or 2 months swing or an investment purpose.
3. For the next week it will touch the 2200, that is 10% in a week!!!
4. Then it may get some retracement and form an inverted head and shoulder pattern, the target will be 2530.
5. Once it crosses the 2530, which is its all-time high, it will fly to 3600 to 4000 based on the timeframe...
6. Strong support at 1750.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
MONSTER WOKE UPAstral limited looks very strong on daily chart, gives breakout on falling resistance trendline and closed above strongly and gives breakout on Bollinger bands too relative strength indicator gives signs of coming bullishness in this stock. Fundamental strong counter.
CAUSE OF LONG-:
1- Falling resistance trendline breakout.
2- Bollinger bands breakout.
3- Relative strength indicator breakout.
4- Combination of breakouts.