Astral: to Ashes?Expecting fall till 1750-1730, lets see. simple H and S pattern, market may also support the fall.
ASTRAL trade ideas
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
astralbuy Astral at 1600-1550
we seen 1670-1710-1750-1800+
view invalid below 1466 cbsl
note: all views are education purpose only.
Astral - It's on high sideClimbing up - can be settle little but chances of going more from here.
what you guys thinking - comment ?
