Chart Analysis of ASTRON PAPER & BOA LTD.
• Chart Analysis- On the Hourly TF of Astron paper & BOA we can see that stock is moving in the uptrend channel Then making a Cup and Handle pattern which is bullish signal for the stock although we can see
Stock given breakout of handle but the breakout volume is very low .
so it is possibility of making a small cup then we can see a good volume breakout to achieve our expected targets.
We can also see the Positive divergence on the RSI .
And on DMI indicator DI+ line is above the DI- line and ADX line is also supporting which is 20+
Entry point- 62 - 63
Short term targets
• 65- 66
• 74- 75
Stoploss –
• 56
Disclaimer :- I am not Sebi registered Analyst please do your own research before investing .
• Chart Analysis- On the Hourly TF of Astron paper & BOA we can see that stock is moving in the uptrend channel Then making a Cup and Handle pattern which is bullish signal for the stock although we can see
Stock given breakout of handle but the breakout volume is very low .
so it is possibility of making a small cup then we can see a good volume breakout to achieve our expected targets.
We can also see the Positive divergence on the RSI .
And on DMI indicator DI+ line is above the DI- line and ADX line is also supporting which is 20+
Entry point- 62 - 63
Short term targets
• 65- 66
• 74- 75
Stoploss –
• 56
Disclaimer :- I am not Sebi registered Analyst please do your own research before investing .
Dagangan ditutup: sasaran tercapai
ALL Targets achieved BINGO!!!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.