Astral reach 52 week highJSE:ARL has reached a 52 week high, with a decent amount of volume. Markets are up down but this is a bullish setup. Every setup must be accompanied by a stop loss.
ASTRAL
Simple Trade Setup | ASTRAL | 18-04-2022 [INTRADAY]NSE:ASTRAL
Trade Setup for 18-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
ASTRAL - Double Bottom PatternPrice Consolidating after a down move, have formed double bottom pattern, let's wait for the price to cross breakeven.
ASTRAL Above 2275 Looking BullishASTRAL Above 2275 Looking Bullish if cross and sustain will touch 2350-2400-2500 in coming days
Astral bullish sentimentThis is not a financial advise.
The stock is trading near the lower band of an ascending channel. We expect bullish sentiment in the stock from the support and the momentum to continue. It has also taken a support of EMA 200 line.
'buy’ could be above Rs 2,210 with a target of Rs 2,550 and a stop-loss of Rs 2,050.
ASTRAL LTD 60MInASTRAL LTD is making a triangle in a longer timeframe and making a head and shoulders in the smaller timeframe and also is range bound on support and resistance marked as pink boxes. Can buy after the breakout and the pink box and break of the trendline target for swing is 2312.
ASTRAL is a buy with sl 2000 for target 2375ASTRAL is a buy with sl 2000 for target 2375 as per my algo
Bullish on Astral ltd(4 Hourly)
- Volatility Contraction pattern
- Above Short term & Long term Moving Averages
astralbuy Astral at 1600-1550
we seen 1670-1710-1750-1800+
view invalid below 1466 cbsl
note: all views are education purpose only.
