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 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
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