ASTRAL trade ideas
Simple Trade Setup | ASTRAL | 27-09-2021 [INTRADAY]NSE:ASTRAL
Observations:
1) On Weekly time frame, range of 1900 to 1950 is acting as a good support now.
Please refer below chart : weekly time frame.
-------------------------------------
Trade Setup for Date 27-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
HIGH PROBABILITY TRADEENTRY, STOPLOSS AND TARGET MENTIONED IN CHART
TRADE SET UP BASED ON:
1. CONFLUENCE TRADING
2. FALLING WEDGE
3. COMPANYS PROFIT IS IMPROVING OVER YERS AND DIVIDEND ISSUED TO THE SHARE HOLDERS IS ALSO INCREASING
Net Profit Mar 2019 (248Cr) Mar 2020 (404Cr) Mar 2021 (458Cr)
Dividend Payout % Mar 2019 (4%) Mar 2020 (6%) Mar 2021 (10%)
Note:
Its just my point of view, Please recheck and enter the trade with proper risk management.
Short Term SwingDISCLAIMER:
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. Kindly consult your licensed financial advisor before making any and all investment decisions. I am not a SEBI registered financial advisor. By Viewing any material or using the information provided by me, you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here.
ASTRAL20th Aug Intraday Trade for study purpose.. STUDY N TRADE
Entry , Stoploss n Target mentioned in chart.
DISCLAIMER:- I’m not SEBI registered research analyst or investment adviser. All stocks & information given is for educational purpose only. Consult with your financial advisor before taking the trade on my views given here.
buy call in astralNSE:ASTRAL
price ek SR Flip zone mai hai or weekly trenline ko Follow kar rha hai.
daily, weekly and monthly time frame ke trend up direction mai hain.
hume is Demand Zone (DZ) mai buy lena hain jo is trend line ko follow kare.
BUY = 1900
SL = 1890
TGT= when it Break 30 min 200EMA
otherwise enjoy the Relly