Astral, Trendline breakout viewIt's my personal view.
This is for educational purpose only.
This is not buying or selling recomendations.
I am not sebi registerd.
ASTRAL trade ideas
May 2023 Study 4: ASTRALCompany at Breakout. Risk Reward Favourable.
Studying and keeping on radar.
Multiple indicators suggesting me to go long on it.
Example:
Two Prime ExamplesOBV Spike and Relative Strength over Benchmarks
ASTRAL BREAKOUT FROM H&SASTRAl breakingout from inverted H&S
good volume breaking 200 ema also
q4 still pending
educational idea
ASTRAL IND LOOKING GOOD TO ENTERASTRAL IND
BUY : 1480-1483
TARGET : 1600
DISCLAIMER - We are not a SEBI Registered Advisors. This channel is purely for Educational purposes only. We will not be responsible for your profit and loss.
Inverse head and shoulder in AstralChart -> Astral Daily
An inverse head and shoulder breakout after a downtrend.
CMP: 1483
Good Range: 1400 to 1480
Target: 1600, 1720
SL: 1383 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
ASTRALASTRAL is taking support near 1380 levels which also happens to b 50% fib retracement level.
As long as its not trading below 1380, there are chances of reversal from here.
Assuming its Astral's reversal from here its a buy with stoploss below 1380 & target of 1430 +
Trend Reversal with Inv H&SFirst 5 wave clean rise and post 50% correction 3/c started from 1380.
Today's closing might confirm Inv H& S breakout.
Lets see how far this move goes.
Happy Trading
Astral ready to move up towards 1650has formed trend reversal on dtf, trading above all short term moving averages and near to 200dema , one can keep an eye for target of 1630 with sl below 1430
ASTRAL LTD : AN EXCERCISE FOR ALL Who else See a Head n Shoulder Pattern on chart of Astral Ltd . I have intentionally not mentioned the entry level and the target. Let's make it a mutual exercise for everyone on this forum. If you are also seeing , the same pattern, please mention right entry point and targets , in your opinion , in the comment section.
Don't forget to boost my study.
Good luck !!!
Astral Ltd: Inverse Head and ShoulderAstral Ltd is making Inverse Head & Shoulder Pattern on Daily Charts. Breakout above 1465 will lead to big rally
ASTRAL LTD RANGE BREAKPost a falling wedge breakout and retest Astral now has given a range break and well above 50 and 200 EMA. And longs can be initiated post a retest for targets above for a good positional bet.
ASTRAL SHORT HI guys!!!
astral red candle are full and filled with volume to drive it down till the bottom line!
SHort traders keep a keen eye on this
ASTRAL BREAKOUTAstral pipes looking bullish by breaking a falling trendline and a parallel channel too with good volumes and bounced from long support zones also so we can consider it is a breakout on daily time frame chart and can go long in it for the target of 1464 and 1571 with the stop loss of below 1350 close on daily chart.
TARGET AND STOPLOSS
LONG CHART VIEW
𝑵𝑶𝑻𝑬- 𝑶𝑵𝑳𝒀 𝑭𝑶𝑹 𝑬𝑫𝑼𝑪𝑨𝑻𝑰𝑶𝑵 𝑷𝑼𝑹𝑷𝑶𝑺𝑬
Inverted HammerThe Inverted Hammer also forms in a downtrend and represents a likely trend reversal or support.
It’s identical to the Hammer except for the longer upper shadow, which indicates buying pressure after the opening price.
This is followed by considerable selling pressure, which wasn’t enough to bring the price down below its opening value.
Again, bullish confirmation is required, and it can come in the form of a long hollow candlestick or a gap up, accompanied by a heavy trading volume.
Script = Astral
Time Frame = 1 Day
Rectangle pattern reversal in ASTRAL ✅ ASTRAL
Key highlights: 💡⚡
✅ On 1D Time Frame Stock Showing Reversal of Rectangle Pattern.
✅ Strong bullish Candlestick Form on this timeframe.
✅It can give movement upto reversal target of 2110+.
✅ Can Go Short in this stock by placing stop loss Above 10890 or last swing Low.
ASTRAL LTD FORMING INVERTED FLAGASTRAL ltd formng inverted flag pattern on 1D chart.
Can go Further low upto 1630 - 1600 ( which can be good buying zone as well depending on Annual Earnings on 24th May )
Hope it will follow one of the paths drawn in chart , NSE:ASTRAL
Astral bearish flag!!!Stock has seen last 2-3 days of selling with above average volume. It has fomed bearish flag and shall confirm breakdown below 1870 with space till the trendline or previous swing at 1600 level.
ASTRAL FOR SWING TRADINGNSE:ASTRAL
The stock is froming support on 2000
Also 200 ma support
it can go upto easliy 2150
This is swing trade
ASTRAL LTDprice may shoot up ....due to bonus announcement and technical H&S pattern ....follow image for more clarification
178x in 10 years Stock got 178 times in the previous 10 years. It started from Rs 15 in Jan 2012, went till Rs 2650 in July 2022. It has formed a trend line in all this journey. Price is now near it and waiting for a breakout or a breakdown. Hence it is a crucial point technically. To know the next trend and extent of it one can study the stock technically and fundamentally.
Astral Ltd Cmp 2060 dated 6-1-2023 VOLUME RISEAstral Ltd Cmp 2060 dated 6-1-2023
1. Price Rise with Volume Rise
Buy @ CMP for target 2090-2145-2175-2250 SL 1990
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
AstralAstral
Stock has been sideways and trying to create a base.
Watchout for price action, BREAKOUT or Breakdown of the range this may give trending moves.
RANGE
1943-1868
