Panchalk

Channel breakout

Long
Panchalk Updated   
NSE:ASTERDM   ASTER DM HEALTHCAR
Aster DM has BO'd from channel...up 10% today..targets marked.
Comment:
All targets achieved. had moved up to 194
Comment:
UP another 10% today...charmed run...CMP 215
Comment:
It is consolidating as of now....i am just carrying the idea forward ALTHOUGH TARGETS are achieved, so only for educational purposes...volumes are low, RED CANDLES are small, green candles are still bigger than the red ones...VPA is what is key...Volume Price Analysis...so price action is supreme but volume has to be considered, it will guide you when you are following price action. Still scope for upside? Possible, as long as broader market ( Nifty 50) is not sliding down. We play with possibilities, there are NEVER ANY GUARANTEES.
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