According 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...
Aster DM has recently declare special dividend of Rs 118 with record date of 23rd April. Can expect good upmove before record date. Although price will adjust after record date, accordingly position can be taken. Company is also planning to increase the number of beds.
#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...
#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...
118/- 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 DM Health care is looking in good momentum since 2 weeks. In previous week, stock was closed with bullish engulfing pattern on weekly time frame near all time high. Can expect continuation in trend. Company is going to announce special dividend also in range of Rs 100-120. Keep on radar. Can expect a good spike once dividend will be announced with record...
Aster DM health care is looking good on weekly time frame. Stock is trading at all time high zone. Company is going to announce special dividend also as per information submitted to exchange. Keep on radar.
Reason To Buy : 25% dividend is in Rumor Note : Date not yet Announced and price will fall sharply if this news is fake Allocation : 1%
Moving 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!
ASTERDM : Range Breakout Done Stay Long above 485, support at 470
Aster DM healthcare is looking good on daily time frame. Stock is trading near breakout level. Keep on radar.
Reason for long a) channel breakout b) Volume and price burst c) Mr.14 set up d) vwap breakout e) weekly and monthly breakout f) SL compulsory
for 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 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.
Please 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...
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...
ASTERDM:- If stock sustains upside after breakout, then we can see sideways moment, consolidation has also been done, if we get breakout, there are chances of good move. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this....
Reason for long a) Mr.14 set up b) triangle breakout c) super trend support d) super vwap support SL compulsory