Hospital stocks bullish as corona cases increases#short term investment
Trendline breakout with good volume in daily tf
Entry near 145
SL= 130 (10%)
Tgt= 173 (18%)
ASTERDM trade ideas
ASTERDM - Investor's Choice only - Double your money..My wave analysis suggest a nice Investor's stock..
It is still not ready to jump in as it might still go down..
Happy Trading.
IF you LIKE my analysis please CLICK LIKE BUTTON so that other TRADERS can see and make MONEY from the markets too.
ASTERDM - Bullish Flag near 52-week highHi Investors,
ASTERDM is consolidating near its 52 week high. Breaking above the flag with volume can bring new upside momentum. Around 194 is its life time (Two years') High.
I hope you will benefit from this Knowledge
-MetaVish
ASTERDM BO WITH VOLUME ASTERDM BO WITH VOLUME
1. RS +VE
2. VOLUME ABOVE AVGE
3.RSI ABOVE60
4. TRADING ABOVE 200 DEMA
ASTER DM HEALTHCAREHistorical Support at 140. Very Important level
LTP < S1 -> Negative. But there is trendline support and the Price respects the trendline. So there is a possibility of breakout avoiding S1 resistance at 140.
Also Healthcare sector is booming due to Corona virus and Lifestyle diseases.
Long above 140 | SL 110 | Target 200 Range
Good Luck Investors❗
ASTERDM : Parralel chanel tradingASTERDM has a strong resistance zone near 146 and price is now in a crucial zone.
Uptrand started with a Flag pattern formation and then turned out to be a parallel channel.
A breakdown of the channel rejected sharply and price pulled back into parralle channel zone again.
Now the price may move any side since being near the supply zone and near top of the parallel channel.
Since NIFTY has corrected itself last friday... NIFTY might open positive next week.
And in that case this scrip can give a breakout from the channel on upside.
#AMSTERDM #BANKNIFTY #NIFTY #NSE #BSE #TRADING #COVID19 #INDIAASTERDM
CMP: 121.95
Target 1: 159
Target 2: 141
SL: 117
Slow consolidation at 129
Aster DM HealthcareBreakout from current levels and can go all the way upto 180. No previous resistance in between.
may be in accumulation phasehi, raising OBV with ranged price many be sign of accumulation, breakout will confirm it
ASTER DM HEALTH CAREAster DM health care is well respected chain of hospitals / Day Care Clinics / Medical Shops in UAE.
IPO opened at price of 183.25.
Currently this STOCK is trading at discounted price of 149.30
Price has been trading in a downward channel and for the first time price has come out of this channel.
A visible shakeout happened today where in weak hands were removed.
This stock can be bought at current levels with target of 196 which would mean return of 30 percent.
ASTER DM Hits the support level.......Hits the previous support...
last time it went up after hitting this level....
so it will be sure that many traders are looking at theses levels....
Chances to go up..
wait for confirmation....
