Astron papersEma is crosses positive and also good volume from last 1-2 week trading session
one can follow the sl and target, #zerotohero
ASTRON trade ideas
High risk This sector is high risk due to digital Transformation, if you make entry take exit at or near the forecast
Good luck
(Short term) Bullish Flag pattern in ASTRON.Discription:
Stock Name: ASTRON
Chart Pattern: Bullish Flag pattern
Time Frame: 1D
Entry: Above 41+
Targets: 49+
A rare pattern to form, Ascending broadening wedgeLook for long opportunities, reasons
1. Support on the lower trendline
2. Hammer on weekly timeframe, on the trendline
3. Volumes increasing
4. High risk reward ration
Disclaimer: for learning purposes
Cup and Handle on Astron Papers & BOAChart Analysis of ASTRON PAPER & BOA LTD.
• Chart Analysis- On the Hourly TF of Astron paper & BOA we can see that stock is moving in the uptrend channel Then making a Cup and Handle pattern which is bullish signal for the stock although we can see
Stock given breakout of handle but the breakout volume is very low .
so it is possibility of making a small cup then we can see a good volume breakout to achieve our expected targets.
We can also see the Positive divergence on the RSI .
And on DMI indicator DI+ line is above the DI- line and ADX line is also supporting which is 20+
Entry point- 62 - 63
Short term targets
• 65- 66
• 74- 75
Stoploss –
• 56
Disclaimer :- I am not Sebi registered Analyst please do your own research before investing .
High Momentum. Breaking previous level'sSuccessful Breakout from previous levels and the momentum is also high. Total price action analysis
ASTRON | ASCENDING TRIANGLE | BREAKOUT & RETEST | 100% POTENTIALCMP-61.5
SL- 49 (logical and psychological level)
TARGET - 83, 120
1st breakout was sold into, this time broke with excellent volume and good delivery percentage
Can enter now with half quantity and add more around 59-60 levels
Watchout for Resistance breakoutThe stock looks good above 60 (on closing basis) for 10-15% further upmove positionally
ASTRON- stocks has forming ascending triangle pattern
Stock sustain above 93 Next level to watch 83/96/110 levels
-Support is near 40 level on chart
ASTRON | WEEKLY ANALYSIS | 40%-100% UPSIDE POTENTIALCLOSELY WATCH THE LEVELS
VOLUMES HAVE STARTED TO POP IN
23/6/21
- Smallcap, Material (paper)--posted negative results FY21---quarterly results mar21 is positive
-W- Stock has bottomed out and started making positive price structure
- Above all major EMA on D, in W, crossing 100EMA with good VOL
- Parameters positive on D & W
- Volume have started to increase
- Breakout and close above 60-62 on closing basis with good volume will validate
- Can initiate buy at lower trendline if makes bullish candle
- 100EMA and Resistance confluence
ASTRON PaperLong trade looks good -
1) Whole paper sector is showing good traction.
2) Current wave after healthy correction.
3) Broke 52 week high today on strong volumes.
First target should be around 66.0
This could touch 80/100 in 3-5 months timeEnter between 50-51 with clean closing above 48 on daily level. This could touch 80/100 in 3-5 months time. Price moving really well on weekly and daily level on a ascending triangle pattern. We have seen confirmation as well and entry looks good. Fundamentally also looks good after looking at its profit and sales.
Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.
ASTRON PAPER C&H FORMATION - WILL IT HIT THE TARGET AREA ? ASTRON PAPER HAS BROKEN OUT OF C&H PATTERN. LET'S SEE IF IN THIS VOLATILE MARKET, IT CAN HIT THE TARGET OR NOT.
