ASAHISONG – Strong Breakout in Specialty Chemicals SectorAsahi Songwon is breaking out from a strong consolidation with perfect EMA alignment and sectoral support.
Price > EMA21, 55, 100, 200
RSI at 63 — strong but not overheated
RS-55 positive vs Nifty, showing early outperformance
Breakout above ₹430 zone with continuation volume
Recent earnings boost + specialty chemicals rotation backing the move
🎯 Trade Plan
Entry: ₹440 – ₹450
Stoploss: ₹428
Target 1: ₹475
Target 2: ₹505
Time Frame: 5–10 sessions
Type: Swing (mid-speed, high structure quality)
#AsahiSongwon #SwingTrade #BreakoutStocks #NSEIndia #SpecialtyChemicals #TradingSetup #PriceAction
Trade ideas
ASAHISONG Long Idea on weekly and monthly timeframeHi guys, I'm here again after years and I'll start posting again from now. Today I am here with another idea. The stock is ASAHISONG and the levels are mentioned on the chart.
CMP 411.45
Can be bought if it closes above 443 on weekly chart for at least 30% returns in medium term.
Note: This is not a recommendation. It is only for educational purposes. I am not a SEBI registered advisor. Don't treat this post as an investment advice and take your own risk accordingly.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in ASAHISONG
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in ASAHISONG
BUY TODAY SELL TOMORROW for 5%
ASAHISONG --- 400 possible in coming monthsNSE:ASAHISONG
i think 400 is possible in coming months
cmp is 270
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and analysis to determine whether my point of view aligns with yours.
WATCHOUT FOR ATH BREAKOUT / ROUNDING BOTTOM buy above 425 weekly resistance
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level
as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.