ASALCBR, BUYENTRY: 460 TARGET 1: 493 TARGET 2: 520 SL: 448 POSITIVE POINTS: - Forming Symmetrical Triangle - Good Volume Buying - RSI Above 50 - Breaking Trendline - Above Demand Zone. - 460 would act as a support. NEGATIVE POINTS: - No Higher high - Still in a downtrend.Longby sandmehta20141
Multiple Signal before potential breakout in Associated Alcohol The stock has given a multiple signal for potential breakout. a) Similar Falling Parallel Channel pattern before breakout b) Retest Confirmation c) Price above moving average d) Head and Shoulder Pattern ENTRY ABOVE RS 515 , STOP LOSS BELOW RS 480 AND TARGET T1 & T2 ThanksLongby Indieconomic3
ASSOCIATED ALCOHOLS & B- CHANNEL BREAKOUT DAILY TIME FRAME .Swing Trade- Associated Alcohols & breweries Has Formed Channel Breakout Daily Time Frame. Expect a 5-7 % Return on This Stock .Only Education Purpose.Longby ARJ_TRADER5372
Live Challenging Stock Market Analysis #ASALCBR Buy @ 492.90Market Analysis Live Challenging Stock Market Analysis #ASALCBR Buy @ 492.90 BUY2 @ 475.15 Target @ 570.40 #sharemarket #hindunilvr #Nse #stockmarket Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allows you to be good in overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: This is my trading experience, it is not an invite or recommendation to trade. Best Wishes Tradingwithtamilby TradingwithtamilUpdated 4
Multiple confirmations at Asso Alcohols & Brew Ltd (Daily)On a daily time frame, the stock has given a breakout of its falling wedge pattern, and now it might as well give a breakout of the inverted H&S pattern. The volume chart also indicates the volume build-up over the past few days. A trade can be initiated above 555 for a target of 640.Longby ZIKIMOKO1
ASALCBR : SETTING UPKeep on radar , expecting some good upmove TGT - 620 & 700+ 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysisLongby finogent1
ASALCBRNote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy TradingLongby SENSITRADE_T2
ASALCBR is a good Medium Term BetASALCBR Associated Alcohols & Breweries Ltd Chart Structure: - After listing in Feb'20, the stock is in an upward trend since Mar'20 - Stock right now is consolidating after making an All-Time High. - During the consolidation, the stock has taken support multiple times near previous resistance and Avg. Buy price of last Huge Accumulation. Volatility Contraction: - In Day TF, price is forming a triangle pattern. - Stock's Volatility is contracting. As before it was pushed down 20% after making ATH. - Stock rose up again from the support area, and this time it was pushed only 11% down, hence creating a Triangle Pattern. Relative Strength: - Stock is outperforming its sector & Nifty50 in 3m, 6m & 1y TF. It is underperforming in lower tf due to stock being in consolidation. - Stock has turned RS+ again on 8th Oct and is keeping above Laxman Rekha. - Spread chart of the stock has formed a triangle pattern and is near a breakout. Volume Activity: - Stock saw huge Volume Activity from 4th to 12th October 2021. - In that period 14.76 lac shares were delivered with an average of 1.84 lac shares/day with an average buying price of 548/- - Previous average deliveries were 37k shares/day. Financial Performance: - Stock beat its QoQ & YoY Quarterly numbers in Q2. - Sales Growth +50% QoQ & +21% YoY - PBT Growth +36% QoQ & +6% YoY - EPS Growth +41% QoQ & 8% YoY Fundamental Notes: - The company plans to expand its capacity from 45 MLPA to 90 MLPA. The project is expected to be completed by June-2022. That means the Co. will see the double output in 7-8 months. - Company Distil, Blend, Bottle & Market are some of the key brands of United Spirits such as Bagpiper, Blue Riband, Flavored Mischief, Director's special gold & McDowell's Rum. - The contract of this franchise has been extended up to April 2025. - Some other brands which are produced under contract manufacturing are Black Dog, Vat 69, Black&White, McDowells, Royal Challenge, Signature, etc.Longby AmanSaraf6
Target 1 (20%) achieved in Associated Alcohol. Target 2 is ON...This is follow-up on Associated Alcohol and Breweries. Can check link to related ideas. Target 1 achieved. More than 20%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. 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.Longby MandeepSinghKohli13
a possible upmove after crossing resistancecrossed resistance , as per pattern , possible upmove level, observed on ur risk. decide urself.Longby kumardkp123Updated 0
ASALCBR - Strong BreakoutThe stock has given a strong breakout. Can be added more when retest happensLongby Sharmasagar10
Long ASALCBRLooking good! Also, target stop loss is marked in the chart. Winter is coming. So the party is on! Longby rajatakre1
Expecting breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏Longby DY97725
Associated Alcohols & Breweries | ASALCBRTechnical: 1)Trading in Channel 2)Morning Star Candle formation at Weekly support. A good sign of reversal. 3)Daily momentum indicators also showing positive signals. Fundamental: 1)Amazing YoY Balance sheet. 2)Increasing YoY Net Profit. 3)Increasing YoY EPS. 4)Increasing YoY ROCE. 5)Almost debt free. Lucrative stock from Investment perspective. Study it!!Longby InvestSun330
Trendline breakout500 looks possible. Trendline break. Fundamentals ratios favorable. Potential candidate to reach 900 in long termLongby Sattya120
Low Risk High Reward Setup with RSI BULLISH DIVERGENCEThe analysis is on how to create a low risk high reward trade with RSI being a key indicator,together with previous broken resistance line now acting as a support. If the price slope of the stock is negative (bearish) and the RSI slope is positive (bullish) it is an indication (RSI BULLISH DIVERGENCE) of the reversal in the price of the stock.With the previous broken resistance line which will be the demand zone of the buyers a long setup can be created with the stoploss just below the confirmation bullish candle at the close of the day. My name is Ragav follow me for more educational as well as strategical ideas.Educationby Ragav271
ASSOC ALCOHOL - Reversal ASSOCIATE ALCOHOL taking support over TL and Horizontal support area (Confluence zone). Looks good for a swing trade with SL below the TL. Longby abinash970
NEW LEARNER GOOD STOCK FOR LONG TERM HOLD NEW EDUCATIONAL LEARNER AND NOT PROFESSIONAL IM JUST TRY TO UNDER STAND PATTERN, PLEASE NOT USE, NEW BEGINNER AND NEW BIELongby Shivam_IN1