ASAL looking good for short term- keep in radar-Resistance breakout with very high volume
-very strong closing in daily time frame
-rsi bullish divergence
-trading above all major ema and sma
-keep strict sl@ 550 can give good return
10.05INR
83.25 MINR
8.28 BINR
3.94 M
About AUTOMOTIVE STAMPINGS & ASSEMBL
Sector
Industry
CEO
Suhas Dode
Website
Headquarters
Pune
Employees (FY)
1.65 K
Founded
1900
ISIN
INE900C01027
FIGI
BBG000D4PDD6
Automotive Stampings & Assemblies Ltd. engages in the manufacture of sheet metal stampings, welded assemblies, and modules for the automotive industry. It offers skin parts of cars, body in white components, under body members, fuel tanks, chassis and suspension parts, wheel housings, oil sumps, and other products. The company was founded on March 13, 1990 and is headquartered in Pune, India.
thoughts??? 60+% upside possible?looks good above 480
20% sl
60%+ tp
want to know ur thoughts...
open for comments
ASAL: Trading near breakout levelASAL is looking good on daily time frame. Stock is trading near breakout levels. Keep on radar.
ASAL: Forming rounding pattern on weekly time frame.ASAL is looking good on weekly time frame. Stock is forming rounding bottom pattern. Keep on radar. Looking good to challenge all time high levels.
ASAL: Attempting Inside bar breakout ASAL is looking good on daily time frame. Stock has formed inside bar and attempting breakout today. Keep on radar for closing above 460.
Automotive Stampings: Trading near breakout levelAutomotive Stampings is looking good on weekly time frame. Stock is trading near breakout levels. keep on radar.
ASAL - Weekly AnalysisIn the Weekly Chart of ASAL ,
we can see that; after Inverted Head & Shoulder breakout, it has retested properly and created a Halt candle on Trendline.
If it breaks Halt Candle's High we might see a 15-20% up move.
Enter on breaking Halt candle's High with Low as SL.
ASAL - Weekly AnalysisIn the Weekly Chart of ASAL ,
we can see that; it has given Cup & Handle Pattern Breakout.
Let it retest.
Enter on retest at 345-347 with SL as 325 and target as 550 .
Book profit with 1:6 Risk Ratio at 550 and exit.
Analysis on ASALASAL analysis.
Currently in downtrend. Good to enter above 510. It might retest levels of 410.
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Buy Today, Sell Tomorrow: ASALDON'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 c
See all ideas
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Frequently Asked Questions
The current price of ASAL is 764.60 INR — it has increased by 2.45% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange AUTOMOTIVE STAMPINGS & ASSEMBL stocks are traded under the ticker ASAL.
ASAL stock is 5.03% volatile and has beta coefficient of 0.81. Check out the list of the most volatile stocks — is AUTOMOTIVE STAMPINGS & ASSEMBL there?
Yes, you can track AUTOMOTIVE STAMPINGS & ASSEMBL financials in yearly and quarterly reports right on TradingView.
ASAL stock has risen by 3.67% compared to the previous week, the month change is a 26.41% rise, over the last year AUTOMOTIVE STAMPINGS & ASSEMBL has showed a 144.87% increase.
ASAL net income for the last quarter is 47.40 M INR, while the quarter before that showed 39.85 M INR of net income which accounts for 18.93% change. Track more AUTOMOTIVE STAMPINGS & ASSEMBL financial stats to get the full picture.
Today AUTOMOTIVE STAMPINGS & ASSEMBL has the market capitalization of 11.84 B, it has increased by 26.29% over the last week.
No, ASAL doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, ASAL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade AUTOMOTIVE STAMPINGS & ASSEMBL stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 1.65 K employees. See our rating of the largest employees — is AUTOMOTIVE STAMPINGS & ASSEMBL on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So AUTOMOTIVE STAMPINGS & ASSEMBL technincal analysis shows the strong buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating AUTOMOTIVE STAMPINGS & ASSEMBL stock shows the strong buy signal. See more of AUTOMOTIVE STAMPINGS & ASSEMBL technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. AUTOMOTIVE STAMPINGS & ASSEMBL EBITDA is 450.35 M INR, and current EBITDA margin is 3.99%. See more stats in AUTOMOTIVE STAMPINGS & ASSEMBL financial statements.