Start accumulating at rate and have tight stop 419 Follow risk management
Breakout and consolidation in an uptrend. The volume in consolidation is less. After breakout above the slanting trendline, the uptrend is likely to continue.
Have made a long position in Aster DM. Took 40% qty of planned trade for this script. Rest of the quantity will be added on breakout retest area.
📊 Script: ASTERDM (ASTER DM HEALTHCARE LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500 / NIFTY SMALLCAP / NIFTY PHARMA 📊 Sector: Healthcare 📊 Industry: Healthcare Services - Hospital Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 MACD is giving crossover. 📈 Double Moving Averages also giving...
📊 Pattern: Rising Wedge 📌 Symbol/Asset: Aster DM Healthcare 🔍 Description: Stock can touch lows of ~287 in the coming days 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
Aster DM Healthcare-Nice breakout. Capital to be deployed- 20k Price -295 Stoploss-263 Targets-402 #aster #nifty50 #NiftyBank #investment #StockMarket #StocksToBuy
Aster DM came on my chart 2 weeks before, however, this week the breakout is confirmed. This is a MNC and have a very good management. Healthcare sector is in boom and the stock is currently trading in blue sky. Target and SL is amended as per todays weekly close. CMP - 282 W (5/11/22) T - 360 W SL - 255 W
Long on Aster DM ... a good risk reward setup with a 1% SL and a 7-8% target
#ASTERDM NSE: ASTERDM CMP: 225 TP: 300 SL: 200 TF: <6m RR > ~3 times Return > 33% THYROCARE CNXPHARMA LUPIN SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE APOLLOHOSP FORTIS AARTIDRUGS ZYDUSWELL MAXHEALTH BAJAJHCARE Factors: BULLISH WEDGE...
Private Healthcare :- Emerging player in India through its network of 27 hospitals, 120 clinics, 371 pharmacies, 14 labs & 100 patient experience centers as on March 31, 2022 Market Cap ₹ 13,212 Cr. Debt to equity 1.37 Stock P/E 24.0 Price to book value 3.69 Pledged percentage 10.4 % Target as mentioned in chart
ASTER DM - Higher high formations Target - 288, 308 SL - 240
This chart came on my chart on 15 July 22 when it was trading @213 . Today I am recommending to average this stock again @ 268 . The chart is looking more strong and it is worth adding more. Now one should add more for the targets of 360, 460 and 530 on weekly basis . There will be resistances in this journey but one should hold this stock with faith and...
*ASTER DM HEALTHCARE* Time Frame: Daily Observation: *Triangle Formation Breakout *Swing High Break Resistance/Target: 292 332 373 398 Support: 243 277 200
Whenever stock moves in particularly range for a few year, week or days it called DARVAS BOX. once price decided to break box then gets good price movement it would be upper side or lower side.
The chart is pretty self explanatory. You can have your own views, its a good play for a month if the breakout is confirmed.
Buy at current level 210-215. SL below 200. Target 235-240. Ascending triangle breakout pattern.
193.5 was all time high of Aster DM Healthcare. In August 21, the stock had given breakout above ATH and since then the stock is consolidating on parallel downward channel which is visible by pick lines. This week, however, the stock has given a breakout of that range and successfully closed above it with good volume. Now one can enter in to stock considering the...