ASTER DM HEALTHCARE - Taking supportCMP @ 193
Touched the support trend line and waiting to move up. Trend lines can be the SL & Target.
Note: For educational purpose only. Do self analysis before you buy.
ASTERDM trade ideas
triangle reversal patternAs the price close above 100day moving average and also the price moves in the triangle pattern. So if it follows the pattern then a positive price movement may start and the target price is 208rs.
Aster DM looking good on weekly chartsAster DM looking strong on the weekly chart. If the new Omicron spreads, this can be good Hospital play.
Breakout tradeAfter breaking this blue line the stock price is ready for the target of Rs220-225 in short duration.
Head & Shoulder pattern in monthly chartHead & shoulder pattern in Aster DM chart, it may go up to 320 levels.
Not an authorized analyst and it is only for educational purpose.
Swing ASTER DM HEALTH CAREAccording to chart anylasis its trade in symatrical triangle so we can buy @200 or above for target 217 then 235++.
ASTERDM case studyAster dm spot cmp 193
inverted head and should pattern breakout and retest
hidden bullish divergence on rsi
falling trendline breakout in rsi
major elliotwave impulse wave in formation
let see whats in store,, have mentioned roadmad will keep tracking
ASTERDMTesting support zone !!!
good time to buy it .
should long it for 3-4 months , could see a upside of 45-50 % .
Aster DM Health : Best opportunity to re-enter / buyIdeal is self explanatory
Stock seems to be in strong grip of bulls as breakout level tested with low volumes
Head & Shoulder, LongTerm trend-line & seemingly ascending triangle breakout
A good level to buy CMP 184; SL 159 closing basis; H&S target 280
Lastly near RSI trend line support
Disclaimer: This analysis is for educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
Please feel free to comment or share your views. Thanks
Long Term Opportunity in Aster DM HealthcareGo Long above 195.9 for Targets of 243.4 and above with SL 148.4
Reasons to go Long :
1. The stock formed a bullish chart pattern (Inverted Head & Shoulder) and gave breakout with high volume.
Once Target 1 is achieved trail SL to buy price and ride for higher targets.
ASTERDM 1DAY TF AnalysisASTERDM 1DAY TF Analysis
- Riding on a trendline since May 2020 and continuously showing strong bounce on it
- Rising in a channel from past 3 months
- If follow the same pattern can soon touch the major resistance levels of 180 by September or before
Support & Resistance
-Major Resistance of 175 - 180 Levels
-Minor Support of 140,150 and a Major Support of 130 Levels
aster dm healthcareaster dm had breakout at 204 and almost retested the same level (almost) can go long with minor stop below 204 for target of 250+++
ASTERDM"ASTERDM CMP: 179.9
Good Risk reward of 2.25
Buy above : 180
Stop loss: 160
Return of 25% expected
Pattern:
All levels are mentioned on the chart. Keep an eye."
Chart of the Week 3/9/21. Aster DM HealthcareThis week the stock has given a unique breakout of a weekly chart. The Stock made all time high around Feb 18, since then it has tried to break this level several times, however, failed. After Covid fall, the stock was trading in a range which is visible by yellow lines. 2 Weeks before the stock has given a clear breakout @ 188 . Last week the stock has tested its previous resistance and this week again it shot up. This week, however, it has not only managed to break its trading range (yellow line) but also a resistance line (green line) @ 209.3. Therefore, the stock has confirmed the breakout not only once but twice. Moreover, it will now trade under clear blue sky with no upper limit, therefore, a best candidate for Investment . My short term targets are 246 and 350, however, these types are breakouts should not be wasted for pity profits. If one plans to hold for long term, the stock can give you unbelievable returns. My long term targets are 500 with in next 2 years.
View - Medium to Long term
Time - 1-2 years.
Multi year breakout plus head & shoulders breakoutThis is a monthly time frame chart it's showing a clear breakout of head & shoulders pattern with good volumes. there is a high probability to give high returns in long term.
ASTER DM HEALTH CAREAster DM Healthcare was in downtrend since listing recently stock given clear breakout above downward trending trend line. TGTs and Stop marked on chart. for educational purpose
ASTER DM HEALTHCARE(head and shoulder)Aster dm healthcare was in a range bounded trend for the past three years it had formed a nice inverted head and shoulder pattern in the weekly chart and it had now broken the neck line of the head and shoulder pattern this will a be good pick for long term
Looks bullish for short termLooks good Opportunity for short term. Cup and handle pattern breakout. Wait for the retest
ASTERDM HEALTH CARERespected support @158 expected target is 175-180 with SL of just 5 points time period 8-10 days
