another safe option which should keep grinding up steadily
Astral bullish pick for 2-3 month holding target show in image
ready for upside moment in ASTRAL LTD hold next 3-5week target -2020(strong resistence 2040) stoploss-1800
Basic Idea of Supply & Demand Zone in 1 Day TF Just my POV regarding supply & Demand. Don't Get confused in Supply & Demand zone. Thank you Sandeep Deb 8010026600
astral pipes showing proper support at an important zone
Stock continuously moves in the same range for many weeks. I think it will give huge movement on both sides. If you are a buyer buy it over 2050 and if your seller sells it below 1780
15/10/2023 Astral Ltd-Price closed above 20MA If price closed above 1991 CMP1937.15 Target : 10 to 30 % SL: 1930 Information is only for study purpose
astral new level , after reaching all time high level , stock consolidate in horizontal channel , levels for stock mention in chart
We Can see trendline breakout and retest In Daily TF we can see Consolidation breakdown from 1st Sep till 20th which wasn't sustained and stock trading is same range... Breakout on upside will Trigger SL above the box and Sharp Upside momentum Expected. 15 Min candle Closure above 1920 can be considered for going Long
ASTRAL for Sep-Oct The chart is self-explanatory ... All Entry, Target, SL clearly given on chart ***I am not SEBI Registered. All my charts and analysis are only for educational purpose not for trading purpose.
Comming Down Trend In ASTRAL 1.Candle close Below The 20EMA 2.Big Volume CAndle 3. Day Candle Close Below Resistance Level.
Idea is based on Weekly, Monthly & Hourly chart. Move looks extended on daily and chart is making bearish price actions. So, i have took the short trade here.
Targets and Stoploss in chart - Valuations are high so strict stoploss , Already ran up a lot. Market Cap ₹ 54,507 Cr. Current Price ₹ 2,029 Stock P/E 114 Book Value ₹ 101 Dividend Yield 0.17 % ROCE 24.8 % ROE 17.9 % Face Value ₹ 1.00 Promoter holding 55.8 % EPS last year ₹ 17.0 EPS latest quarter ₹ 4.46 Debt ₹ 87.1 Cr. Pledged percentage 0.00...
I will buy EOD tomorrow trading above the blue line.... educational purpose ONLY.. Just a view
*Astral Ltd.* P&H Formation on Yearly Basis. Flag BreakOut Done, ReTested & Bounce Back. Strong Vol. Consolidation in past. Next Leg of Vol. BuiltUp Required & Need to be Watched. Trail SL with Upside. Book Profit as per Risk Appetite. Co. Into Pipes / Adhesive Mfg. Strong Domestic/ Export presence. Growing Sales/Profitability: Qtrly/Yrly basis. Negligible Debt...
An important level has been broken on daily chart. Now it can move upto its all time high level, which is around 2000 level. I am not a sebi research analyst , so do your own research before investing.