Profile -
Astral Poly Technik is engaged in the production of plastic products. The company and its subsidiaries are engaged in the business of manufacturing and trading of pipes, fittings and adhesive solutions
Market News & Views -
The Indian Plastic Pipe Industry is likely to grow faster, driven by government' s initiatives like - Housing for All by 2022,...
Target of 998 (200 DMA and psychological level of 1000). High probability of hitting the target tomorrow, depending on what level it opens, trade can be initiated.
Formation of bullish Gartley in ASTRAL. Price in PRZ.
Wait for a bullish signal bar before entering. Target and SL in chart itself.
*This is only for educational purposes, not a trading recommendation*
volume drop of more than 50% this week, the price contraction is not much, however, the stock has not corrected much in the recent midcap/smallcap decline hence I will be willing to trade this
Buy 1235. SL 1200
Astral Polyteck - Entry above 1240
past 3 years average sales growth13.66%
past 3 years average profit growth 32.33%
past 3 years average margin growth 7%
Astral Polyteck - Entry above 1240
past 3 years average sales 13.66%
past 3 years average profits 32.33%
past 3 years average margins 7%
April month has seen very low volume shakeout, looks like the supply coming to the market has eased. we may see a good upmove if price sustains above 124/1260
Astral has given a breakout from a recent high with good volumes. Earnings are pretty strong with 17/20% past three quarters. 2019 annual reports will give us a better view of the financial standing of the company.
stock is making higher high higher low from so many days now on dip it has made bullish percing on 55 day ma .
try to buy below 1090 sl if close below 1075 and tgt 1165
Astral Poly is one of the strongest midcap stocks fundamentally. The price has defied market trend over the last 1 year and is trading close to all time highs.
A technical breakdown has taken place today and we can see the stock correct down by 10% and more. The uptrend of the last few months seems to have broken and the strong momentum that pushed the stock up...
Astral poly:565 is trading above an all time high,
with strong bullish bias will find a new target 660 soon,
as per the Fibonacci retracement calculations.
(on Request)
