📊 Script: ASAHIINDIA (ASAHI INDIA GLASS LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY AUTO / NIFY 500 / NIFTY SMALLCAP
📊 Sector: Automobile and Auto Components
📊 Industry: Auto Components
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Crossover in Double Moving...
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high...
keep eye on resistance level of double bottom pattern on weekly chart for sustaining breakout with appropriate stopout level to ride out upmove or exit . whole one may use other level for targets on upside and lower level for add more.for long term only.
The stock is trading inside a box , and it might break upwards or downwards depending on the volume and other factors.
Just keep a watch on this stock
This view is for educational purposes only.
Asahi india is in super bull mode, formed flag pattern, formed a bullisg penant pattern, marching towards its previous high.. Targets may be new highs..
NSE:ASAHIINDIA
Cmp : 537.80
Entry : CMP OR on a pullback of 534
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
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Disclaimer: All the information posting on this page are for the educational purpose...
Stock Name - Asahi India Glass
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness and
More strength will be visible above 532.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to...
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on...
