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
Round Bottom Breakout in ASAL
BUY TODAY SELL TOMORROW for 5%
ASAL trade ideas
*Automotive Stampings cmp 585 by Weekly Chart view**Automotive Stampings cmp 585 by Weekly Chart view*
- Support Zone 515 to 555 Price Band
- Resistance Zone 685 to 730 Price Band
- Stock Price testing retesting the Support Zone
- Volumes are supportive of probable upside momentum
- Rising Support Trendline going steady by the price momentum
- Falling Resistance Trendline Breakout too seem as well sustained
Resistance Breakout - ASALPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
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 BAJEL
BUY TODAY SELL TOMORROW for 5%
ASAL dikhayega asal rangAutomotive Stampings and Assemblies Ltd (ASAL) is a company with a strong promoter holding of 75%. The stock has recently experienced a multi-year breakout and could potentially reach ₹1200 or even ₹1500 if it sustains above its all-time high. ASAL boasts a reputable client base that includes Tata, Fiat, Piaggio, Ashok Leyland, and many more.
Here are some additional points to consider:
Financials: It's important to research ASAL's financial health, including its revenue growth, profitability, and debt levels.
Valuation: Some analysts believe ASAL's current price may be above its intrinsic value. Consider factors like the P/E ratio to understand how the stock is valued compared to its earnings.
Risks: There are always risks involved in investing in the stock market. Consider factors like overall market conditions and the competitiveness of ASAL's industry.
Overall, ASAL appears to be an interesting company with a strong track record and potential for future growth. However, it's important to do your own research before making any investment decisions.
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 closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
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
Pennant Breakout in ASAL
Buy Today, Sell Tomorrow: ASAL
Automotive Stamping ASAL almost 20year b.o. Will it suatain??automotive stamping ASAL almost 20 year range b.o. .
will it sustain and continue upmove for levels.
or retrace back.??
observe its movement as long term .
decide on ur own .risk is ur.
confirm its techno funda at ur end.
posted as learning trend pattern .
One Right Trade's Swing Trade Idea #193 : Long on ASAL This is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.