Channel BO expectedRunning in parallel channel from past few months, tested the resistance multiple times and ready to break. Increase in volume in recent session. Rest all is clear in chart.
Disclaimer: All info are for educational purpose.
ASTRAL trade ideas
ASTRAL - Looking very strong for a rally Astral - looking very strong for a rally after a long consolidation. If market strength support, will rally
Falling wedge pattern breakdown in ASTRALASTRAL
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Breakout of Falling wedge Pattern .
📊 Strong Bullish Candlestick Form on this timeframe.
📊It can give movement up to the Breakout target of above 2300+.
📊Can Go Long in this stock by placing a stop loss below 1930-.
📊 breakout this can give risk:reward upto 1:6+
This Is Your Next Swig Trade Hello, Friends we are again today with a best swing stock " Astral Ltd " You can clearly see here that It is going to be very bullish as it has gone up from 200 smma with a double top and a fresh breakout of a Strong trend line , Although you get a Nice 18% target or swing you can take target of 10% as other's take. So For it can be considered as the best buy right now. Thank You all like it and please do follow us on Trading view.
ASTRALTREND REVERSAL : SHORT TERM SETUP
Astral : CMP 1924 ,
Buying range 1882-1924
Sl : 1865
Tar - 1965-1990
Long Astral For Short to Medium TermAstral show range brake out of 8 to 9 trading session & volume is high
Strong Long Build up in future contract
ASTRALThe price looks like stabilized and taken support at this level.
If this support sustains we can expect Bullishness in this stock.
Astral - BullishStock almost bottomed out
Climax volume seen
Currently in range
Last 15 mins seen exclusive buying
Possible to give a explosive move tomorrow
R:R is great
Partial entry near 1925 Next entry if sustains 1940
1st Tgt 2050
Sl below 1880
ASTRALastral looks good on daily time frame , near to demand zone . expect 2180 in few trading session
Astral AnalysisAnalysis Parameters- Trend Line,20 SMA, 50 SMA & Bollinger Bands
M TF- Took Support on 20SMA
W TF- Bullish Candle on 20SMA
D TF- Closing just below 20SMA (20SMA at 2091; closing at 2086
H TF- Above 20SMA
For long trade,
wait for the breakout over on daily TF over 20 SMA
T1- 2136
T2- 2204
For Short Trade, below 2064
T1- 2012
T2- 2000
T3- 1950
Keep a trailing SL on either side
Astral - Imp KunctionAfter a Long Downtrend Took Strong Support 1950s Area
Right not at Trend Line & Resistance Line Juncture (2040-2080 Area)
Above 2080 is a buy with 2040 as SL 2200 Target
Below 2040 is a sell with 2080 as Sl and 1920 Target
Wait for breakout and pullback
Astral ,Trend Reversal , Lifting From Support, Crossing 200 DEMAAstral ,Trend Reversal , Lifting From Support, Crossing 200 DEMA NSE:ASTRAL
VERDICT ASTRAL
Trend Reversal if Crosses 200 DEMA
Indicators Positive
T1 2130
T2 2195
T3 2650 Positional
Only For Educational Purpose
Astral - BullishWave 1 Completed
Wave 2 in Progress
Possible Pullback either from 2310 Levels
Or Final Level of 2240 for reversal
Wait for confirmation
Strongest Support (Sl) 2150
Possible Targets 3000
#ASTRAL Harmonic worked perfectly#ASTRAL Harmonic
Profit booking zone - 2624.00
buy above 2212
CMP:1994 @ 29 August
ALL TIME HIGH BREAKOUT buy=2415.30
target=2587.40
stoploss=2283.30
all time high level breakout, with 50% fib. pull back.
ASTRAL TARGET 2823ASTRAL in day char cup breakout and 52-week high breakout. It will reach 2823 as per cup vertical line target.
Astral Daily Analysis CMP 1793 Buy for Traget - 1900-2000-21Astral Daily Analysis
CMP 1793
Buy for Traget - 1900-2000-2100-2200-2300-2500+
can buy Aug fut of 1900 CE Trading @ 39
Holding period till August end - cash buyers can hold 2-3 months
SL for fut-CE is Candle should close below 1700 in Spot
ASTRAL - All Time High Breakout + huge volume - Swing/InvestmentThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
8 Months Breakout under Upward Parallel Channel at ASTRAL 8 Months #Breakout under Upward Parallel Channel at #ASTRAL (Astral Ltd) Weekly Chart. Its Started #Outperformed #Nifty.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
ASTRAL - #Breakout done and Looking Good for RetestASTRAL - #Breakout done and Looking Good for Retest as RSI is high at the moment.
Looks good for target of - 2500
Period - within 1-3 months
