The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
The stock has broken out and retest therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone, 200 EMA & the lower trendline. The target is placed near resistance.
Aster DM Healthcare Ltd - 23.12.2021
The stock is trading @ 178 levels
The price range is tested again
Prices are below EMA
stochastic is oversold in daily chart
let the prices go above 182
watch out for the price action
The stock has broken out and took a support at the previously upper trendline. Trade is supported by brokerage calls and Supports Nearby including 200 EMA.
Risk Reward Ratio - 1:1.
SL is placed below multiple major support zone, 200 EMA and previously Lower Trendline and target is place near swing and channel high.
Note: As the market is under selling pressure,...
