ASTERDM trade ideas
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
ASTERDM Ready for All Time High...NSE:ASTERDM trade at 405. You can watch for after brekout at 500-550 level.
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
ASTER DM HEALTHCARE S/RSupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
ASTERDM NSE:ASTERDM
Reversal from lower level.
News
Malabar Institute of Medical Sciences, a subsidiary of Aster DM Healthcare
ASTERDM
, has agreed to acquire an additional 25% stake in Usolar Assetco Two from U-solar Clean Energy Solutions for 78.8 million Indian rupees.
With this, the company's shareholding in Usolar will increase to 51.05%, according to a Friday filing to the stock exchanges.
Under the agreement, USOLAR has agreed to build, operate, manage, and maintain a 10 MWp captive solar power plant at the Malabar Institute's site in Kerala, India.
The transaction is expected to close by Aug. 30.
Aster DM looks good for 370Looks a trend reversal to upside
Crossing 10ema
But after an upmove retest to botom may possible
Need a good volume for an upmove
Health sector is positive.
370 target stop at 340
Risk 10rs reward 30rs+
Cmp352
Aster DM Healthcare Limited is one of the integrated private healthcare service and emerging player in India. With an inherent emphasis on clinical excellence, it is one of the few entities in the world with a strong presence across primary, secondary, tertiary and quaternary healthcare.
#ASTERDM new positionqty 280
entry 350
SL 41.20
target not defined
took big position at once in morning
Low risk opportunities with huge potential Start accumulating at rate and have tight stop 419
Follow risk management
ASTER DM HEALTHCAREBreakout and consolidation in an uptrend. The volume in consolidation is less. After breakout above the slanting trendline, the uptrend is likely to continue.
Aster DM Partial entryHave 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.
ASTER DM HEALTHCARE LTD - Ascending Triangle Breakout📊 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 crossover.
📈 Volume is increasing along with price which is volume breakout.
📈 Script is giving breakout of Ascending Triangle.
📈 Current RSI is around 65.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 265.55
🟢 Target 🎯🏆 - 304
⚠️ Stoploss ☠️🚫 - 247
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
📉 Alert! Bearish Pattern Spotted! 🐻📊 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.
Resistance breakoutPlease 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 breakoutAster DM Healthcare-Nice breakout.
Capital to be deployed- 20k
Price -295
Stoploss-263
Targets-402
#aster #nifty50 #NiftyBank #investment #StockMarket #StocksToBuy
Investment pick!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
Aster DM .. 50 ema possible bounceLong on Aster DM ... a good risk reward setup with a 1% SL and a 7-8% target
#ASTERDM #BAJAJHCARE #MAXHEALTH #LAURUSLABS #NATCOPHARMA #GLAND #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 BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
ASTER DM
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
Chart of the week. Aster DM Healthcare.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 long vision . A comparative analysis of technical and fundamentals is already done in my last blog, hence I am not repeating it. I have not given any SL as we have taken position before. New entrants would keep a SL of 235 on weekly basis.
CMP - 268 W (5/11/22)
T - 285, 360 W
View - Medium to Long term.
ASTER DM HEALTHCARE Triangle Formation Breakout*ASTER DM HEALTHCARE*
Time Frame: Daily
Observation:
*Triangle Formation Breakout
*Swing High Break
Resistance/Target: 292 332 373 398
Support: 243 277 200
Darvas Box Breakout Learning ASTERDMWhenever 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.
