ASTEC trade ideas
Astec Lifesciences trying to close above mid channel resistnace.Astec LifeSciences Ltd. engages in the manufacture and sale of agrochemicals and pharmaceutical intermediates. Its products include Tebuconazole, Propiconazole, Hexaconazole, and Difenoconazole.
Astec LifeSciences Ltd CMP is 1287.05. The positive aspects of the company are Growth in Net Profit with increasing Profit Margin (QoQ) and Company with Zero Promoter Pledge. The Negative aspects of the company are MFs decreased their shareholding last quarter, Degrowth in Revenue and Profit and Annual net profit declining for last 2 years.
Entry can be taken after closing above 1309. Targets in the stock will be 1356 and 1406. The long-term target in the stock will be 1469. Stop loss in the stock should be maintained at Closing below 1247.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
ASTEC LIFESCIENCE LIMITED ( STOCK FOR EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK FOR EDUCATIONAL PURPOSE ONLY
WATCH ASTEC LIFESCIENCE LIMITED @ RS 1580 with target of RS1615 CMP IS RS1553.20
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @ RS 1305
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED