ASTRAL trade ideas
channle breakout buy=2021.00
target=2171.45
stoploss=2080.40
parral channle breakout with retestment.
breakout buy=1889.95
target=2000.50
stoploss=1805.15
channle and support line breakout with good volume
ASTRAL - Trend Analysis - 27th JulyASTRAL - Trend Analysis - 27th July
NSE: ASTRAL has formed a lower highs and higher lows. Open interest data is neutral
Wait for a 15 mins candle to close above 1767 or below 1714 with stop loss of the other end of the candle.
Target for 1:1 or 1:2 risk reward ratio
Disclaimer:
This is for educational purpose.
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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 good for long Inside bar breakout, cup and handle breakout, bouncing from supportive trendline, previous support became resistance and this resistance also broken. Astral cmp 2129....... T1 2240, T2 2446........ Sl 2045
Astral: to Ashes?Expecting fall till 1750-1730, lets see. simple H and S pattern, market may also support the fall.
ASTRAL for 1900 than 1800ASTRAL is weeken the support by hitting it 6 times now it wont hold and will break below 2000 level.
Astral my views on Astral
Pros
MFI 80 and %B > 80 suggest strong overbought move in stock.
VWAP,Alligator, ADX, RSI, MACD - all indicator show BUY position.
Breakout given with strong volume on 4th Jan
High and increasing FII holding
Cons:
P/B of Astral is around 25 which is very high in its segment.
My Strategy:
No fresh entry.
if in portfolio, hold with trailing stop loss
if 2470 is broken with strong volume then momentum to continue upwards
Else stock will test 2375 or lower.
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 Breakout IDeaAstral Has given Breakout with Highest Volume. We can see further upside in the coming days. View negated after break of support zone.
ASTRAL - A Heikin Ashi trend sequence perfection.Look at candles 1&2
CANDLE 1 - Formation of doji which potentially signals either a pause in the present move or a trend
reversal.
CANDLE 2. Strong green bar with no lower wick to confirm the trend.
Minor resistance at the top, which should break this time.
ASTRAL is a buy with sl 2000 for target 2375ASTRAL is a buy with sl 2000 for target 2375 as per my algo
MACDFollow the MACD, line for 20/25 %, return, hit has history whenever it cross the MACD line give good jump.
Bullish on Astral ltd(4 Hourly)
- Volatility Contraction pattern
- Above Short term & Long term Moving Averages
