momentum stocks looking good
momentum stocks looking good
These are positional stocks (5-7) day's movement
ASTERDM: Cmp-503
Momentum series releasing
◇ one like
Disclaimer: -This is just for educational purposes
#ASTERDM
ASTERDM trade ideas
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 ASTERDM
BUY TODAY SELL TOMORROW for 5%
Aster DM Healthcare Ltd - Symmetrical Triangle Pattern AnalysisAster DM Healthcare Ltd - Symmetrical Triangle Pattern Analysis 🛠️
The stock is consolidating within a symmetrical triangle, signaling a potential breakout. With price compression nearing its apex, a decisive move is expected soon.
Technical Insights
📈 Resistance:
Upper trendline: ₹433.50 - ₹434.50. A breakout above this range could indicate bullish momentum, targeting the ₹445-₹460 zone.
📉 Support:
Lower trendline: ₹428.00 - ₹429.00. A breakdown below this range might trigger bearish momentum toward ₹413-₹400.
Key Observations:
Current Price: ₹429.00.
Volume Profile: Watch for a significant volume surge during the breakout/breakdown.
Price is nearing the triangle's convergence point, with diminishing volatility signaling an imminent impulse move.
Strategic Approach:
1️⃣ Bullish Case:
Entry: Above ₹434.50 on a sustained breakout with volume.
Targets: ₹445, ₹460 (key levels).
Stop-Loss: Below ₹428.00 to protect against reversals.
2️⃣ Bearish Case:
Entry: Below ₹428.00 on a confirmed breakdown.
Targets: ₹413, then ₹400 if momentum continues.
Stop-Loss: Above ₹434.50 to manage risks.
Risk Management:
Avoid premature entries; wait for confirmation beyond support/resistance levels.
Symmetrical triangles can lead to fakeouts, so confirm moves with strong price action and volume.
⚡ Conclusion: Aster DM Healthcare is poised for a major move. Keep an eye on price levels and volume to act on the next big opportunity!
ASTERDM : Long position Monthly Trend - Up
Weekly Trend - Up
Daily trend - Up
Closing Price above SMA 200 - Yes
MACD Signal - Buying Cross over
Buying Zone - Yes
RSI - 64
Volume - Consolidated
Price near 20 EMA - Yes
Targets , Entry Point and Stop Loss as marked in the Chart.
Ater DM healthcare after giving dividents stock crash near about 25% then some day it is in consolidation now it start revese moment
VIEW ON ASTERDMBreakout on the weekly chart
Good volume buildup seen
Target 400/450
Stop loss 350
I am just representing my views
For educational purpose only.
Amazing swing trading idea for 2 August I daily make educational content video for swing / positional trading
Aster DM healthcareLong term stock could be added around 330 with Sl of 320 for long term
As healthcare sector is slow compounder but constant one
Also valuation of the stock is considerable
ASTER DM HEALTHCARE - Swing Trade Analysis - 23rd June #stocksASTER DM HEALTHCARE (1W TF) - Swing Trade Analysis given on 23rd June, 2024
Pattern: BACK AT WEEKLY SUPPORT ZONE
- 8 Weeks Consolidation at Weekly Support Zone - Done ✓
- Strong Weekly Volume Buildup at Support Zone - Done ✓
- Demand Zone Consolidation & Retest - In Progress
* Disclaimer
Aster DM Healthcare Bullish Resistance&Support Aster DM Healthcare
Current price 367
Fundamentals
Mkt Cap 18,295Cr ,ROE:-2.84%
P/E Ratio(TTM):-141.41
EPS(TTM):-2.59
P/B Ratio:-4.01
Div Yield:-0.00%
Industry P/E:-70.07
Book Value:-91.28
Debt to Equity:-0.30
Face Value :-10
Buy asterdm for a target of 410Buy asterdm for a target of 410 in 5-6 trading sessions, can be held for a target of 520 in 3-4 months
ASTERDM LONGAccording to the Elliott Wave Theory, the Elliott Wave Structure describes the pattern and arrangement of price movements in financial markets.
Based on extensive analysis, it appears that the stock has completed wave 5 on the daily chart. A corrective wave (a-b-c) has begun. Currently, it appears that the first wave (a) of correction is over and the second wave (b) is expected to begin. There is a chance that the wave (b) could retraced up to .50% (Rs 449.25) from the lowest point of the wave (a).
Wave (b) is anticipated to be comprised of approximately three subdivisions.
Following that, wave (c) may unfold.
I am not a registered Sebi analyst. My studies are purely for educational purposes.
Before trading or investing, please consult with your financial advisor. I am not accountable for your profits or losses in any way.
Thanks
VJ
Aster DM Healthcare - Breakout Setup, Move is ON...#ASTERDM trading above Resistance of 496
Next Resistance is at 648
Support is at 381
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Aster DM Healthcare - Long Setup, Move is ON...#ASTERDM trading above Resistance of 381
Next Resistance is at 496
Support is at 264
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
25% dividend announced -- uptrend should continue118/- per share announced and the candle has re-entered the uptrend channel. Can expect it to open at 500 on Monday and keep moving upward
ASTER DMReason To Buy : 25% dividend is in Rumor
Note : Date not yet Announced and price will fall sharply if this news is fake
Allocation : 1%
ASTERDM - moving as per TrendlinesMoving as per the upward Trendline since Nov 2023, making HH & HL. Seems to go higher from 444 to 495, right now it's at a good support level, lets see what happens next week.
Only for my learning and digital record purpose!
Aster DM Healthcare: Trading near breakout levelsAster DM healthcare is looking good on daily time frame. Stock is trading near breakout level. Keep on radar.
ASRERDMfor intraday i had try to draw possible price action
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
Aster DM Healthcare: Breakout on daily time frame.Aster DM Healthcare is looking good on daily time frame. Stock is attempting breakout. Keep on radar for sustaining. Recently Company is also planning to give big dividend to its shareholders from the proceeding of a deal. Keep on radar.
Resistance Breakout - ASTERDMPlease 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 ASTERDM
BUY TODAY SELL TOMORROW for 5%
