ASTER DM - ASTER DM Healthcare's subsidiary acquires additional 2% stake in MEDICARE HOSPITAL.
SECTOR - HEALTHCARE
CATEGORY - SMALLCAP
VOLATILITY - MODERATE RISK
52ND WEEK HIGH = 263.15
52ND WEEK LOW = 158.10
PE RATIO = 23.81
SECTOR PE RATIO = 34.89
High conviction call - Based on Technical(Try to buy small quantity between the buying price and stop loss...
Aster DM Healthcare-Breakout Rectangle Channel Pattern Daily Time Frame. Entry Zone-240/260.Expect a Target on this Stock-320/330.Stop Loss-216 Closing Basis. Only Education Purpose
cup and handle
break-out
trgs r opens
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Aster DM is standing at the door of breakout passing which, could
witness a massive move.
Inverse head & shoulder pattern which was under construction from
9 months is ready for a breakout.
Indications which are suggesting breakout is volume buzzing and RSI breaching
above 60.
After, breakout levels up to 236 is possible but till then, keep a keen watch on it.
14-07-2022 : Volume is Monthly High. Stock is already above 20 SMA on Daily, Weekly, and Monthly time frames
15-07-2022 : Volume is again Monthly High. RSI crossed above 60 on Daily / Weekly / Monthly time frames ( 6 days Back)
18-07-2022 : SMA 50 crossed /SMA 100 on the higher side. Currently formation in on Normal NR7
19-07-2022 : Normal NR7 -...
This guy broken the 3 years resistance (for better visual look in 1W), it gave 30%.
Now it is consolidates from 10 months and gave good break out.
Looks good technically.
Similar kind of setup found in voltamp 40 days back
It gave 50% .
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock...
ASTER DM HEALTHCARE
Very good fundamental Stock
Buy for Investment for long term also
On weekly chart already gave H&S breakout and then retracement done
On daily chart gave good trendline breakout
Buy above 195/200 levels for Swing targets of 210/230
Also looks good for long term holding, but stock will be slow moving.
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Note:
Above levels are for...
stock following through descending triangle pattern
now after breakout again following through smaller parallel channel
breaking high will shootup to all time high
This scrip was posted in this platform on 26th march and today it give 10% returns in just one trading session. I hope our followers had benefited from this post. Thanks to all 🙏🙏🙏
Entry at current level because this recommendation is basically based on momentum data and trade with SL below current candle, target nearly 10-15% within a week. I am not a SEBI analyst this recommendation is only for education purpose
NSE:ASTERDM
please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult...
Falling channel pattern breakout
target 205
sl - below today candle
if you want to hold for bigger target then wait for EOD entry(take entry around 3.15)
This stock is forming falling wedge pattern with declined volume. Can give decent upside from here as the candle are making higher low on smaller time frame
