ASTRAL trade ideas
Short AstralThe Market is heavy sell side but it will take a breath and follow the fall
As per price action formation has been made in 1 week TF.
Its a very big move.
Always check the sentiments of the market as per technical analysis, if the pattern get its respect.
Best of luck to all traders.
You are responsible for your Profits and loss, Shared for Educational purpose
astral given a detail analysis about this stock.please take risk according to your own appetite.i am buying this after the breakout of the trendline.
What Stand Stall today. Mine is Astral. What is yours!In today's blood bath, AStral rise. Good stock at breakout level.
SWING TRADEready 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 TFBasic 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 Will give very good move in coming !!!!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
ASTRALThese are swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar!
This content only education purpose!
❗I am not sebi ragister❗
Astral Ltd15/10/2023
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 levels astral new level , after reaching all time high level , stock consolidate in horizontal channel , levels for stock mention in chart
ASTRAL LTD TRENDLINE BREAKOUT AND RETESTWe 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
ASTRALASTRAL 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.
Big Red Candle In ASTRALComming Down Trend In ASTRAL
1.Candle close Below The 20EMA
2.Big Volume CAndle
3. Day Candle Close Below Resistance Level.
Short Idea on AstralIdea 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.
Astral LtdTargets 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 %
Net CF
₹ -112 Cr.
Price to Cash Flow
97.9
Free Cash Flow
₹ 247 Cr.
Debt to equity
0.03
OPM last year
15.7 %
OPM 5Year
17.0 %
Reserves
₹ 2,684 Cr.
Price to book value
20.1
Int Coverage
21.1
PEG Ratio
5.41
Price to Sales
10.4
Market Cap to Sales
10.4
ASTRALLooking good for long term. To trade it, just keep in watchlist and buy whenever your setup comes. Any setup one is trading. Like VCP or anything like that
Short term Swing stock ASTRALI will buy EOD tomorrow trading above the blue line.... educational purpose ONLY.. Just a view
Astral Ltd.*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 levels. Improving TNW. Satisfactory WC Cycle. +ve CF from Ops.
Continued strong holding of Promotors/FIIs/DIIs.
*Concern*
Any serious decline in RE/Infra Activity.
Do Your Own Research as well. This is an Opinion.
Happy Investing 😇
ASTRAL LONG 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.
Astral Log position Astral hold for long trend
After retracement of 0.38 Fibo level.
More than 1:3 R/R
