ASAL

Automotive Stampings and Assemblies Ltd.

Auto Ancillary

Watchlist-worthy setup

Early Trend
Stage 2 VCP active Handle

Setup readiness

Early Trend

Pivot Levels
₹555.3-577.1
Support Level
₹540.9
Resistance
₹689.0
Risk Distance
6.3% to stop

Reference levels for educational study only. Not a recommendation to buy or sell.

RS
58.0
ADX
22.0
Vol
5.0

Swing Edge Intelligence

Structured setup analysis · research only

Setup status · Moderate technical setup

Setup shows several positive technical characteristics along with areas to monitor.

Relative strength Neutral
Breakout readiness Low
Accumulation Constructive

Bullish factors

  • Moderate distance from 52w high (-21% below).
  • 1 prior pivot rejection in last 60d (-8 pts).
  • ATR 3.5%/day — healthy volatility (+4).
  • ATR shrinking 4 consecutive weeks — coil tightening precisely.
  • BB squeeze — energy building.
  • Pivot quality 45/100 — sloppy pivot zone.
  • OBV divergence — price flat, volume rising: hidden strength.
  • Recent volume expansion detected.
  • Volume flow indicates accumulation.

Risk factors

  • 3 distribution days observed recently
  • Price advancing while OBV shows divergence

Overall view

Short-term accumulation signals are visible. Moderate technical setup — momentum and institutional cues show broad alignment.

Size this trade

Setup research

ASAL — trend, RS & risk snapshot (not a trade recommendation)

Signal · context · invalidation · risk · skip reasons — research only

Positives

Price is 10% below the pivot

  • Handle formation detected after prior advance
  • Stage 2 uptrend structure detected

Flagged yesterday

Context & regime

  • Market regime Mixed / range-bound
  • Trend stage Stage 2 — tradable
  • Sector Mid-pack (#21/46)
  • Relative strength Lagging (RS 58)
  • Trend strength Weak (ADX 22)

Negatives

This idea is wrong below ₹540.9 (-4.2% away)

Base / stop support breaks — the swing thesis is wrong below here

  • Stop / base low₹540.9
  • Pivot — failure re-entry below₹574.2

Risk distance

6.3% to stop
1.8× ATR
3.1× R:R
19.4% reward

Risk ≈ ₹36.13/share from entry ₹577.1.

Reasons to skip 2

Disqualifiers that apply even if the score looks good.

  • 3 distribution days observed recently
  • Price advancing while OBV shows divergence
Setup metrics Latest scan

ASAL Technical Analysis & Swing Setup

Grouped structure, momentum and risk from the latest research scan.

Volume Profile bearish

POC
₹525.79
VAH
₹558.06
VAL
₹503.6
Vol above POC
42.9%

Institutional Activity · Neutral

Avg cost basis
₹528.57
Acc zone
₹381.5–561.2
Accumulation sessions
3
CMF
-0.09

Structure

Trend / stage
Stage 2
Stage 2
Weekly trend
Above 30-wk MA (flat)
Above 30W
RS rank
58.0
Weakening
ADX
22.0
Weak

Momentum

RSI
55.0
Strong
Recent move (10d / 20d)
+6.7% / +2.3%
Neutral
Volume quality
5.0
Thin
Relative strength
Neutral
Neutral

Risk

Failure risk
22.0
Low risk
ATR % / day
3.5%
Healthy
Distribution
3 day(s)
Distribution
Volatility
6 VCP
Contracting
More scanner fields
Sector RS 0.0%
Base 16w · 34.8%
VCP waves 6x
Vol dry-up No
Avg value ₹1.2 Cr
Failure flags Thin liquidity

ASAL Support & Resistance Levels

AI insights

AI Insights

Generated with AI

These insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.

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Pattern context 52w · setup · flow

52-week range

Stage-2 ideal band  ·  Early recovery

Pattern highlights

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Pattern signals from the latest scan

Smart money flow

Last 60 sessions · accumulation vs distribution

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Session flow 60 trading days
OBV trend On-balance volume · same window
·
Accumulation Distribution Neutral
Setup intelligence Overhead · VCP · radar · risk

Overhead supply

Resistance ceiling above current price

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Chase / failure risk

Honest read on exhaustion & extended moves

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Base / VCP coil

Depth, contractions & pivot distance

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Setup quality radar

Shape of the setup in one view

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Peer comparison Sector peers

Sector Peer Comparison

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ASAL FAQ Common swing-trading questions

Frequently asked questions about ASAL

What are the screener observations for ASAL?

On Swing Edge's swing-setup framework, Automotive Stampings and Assemblies Ltd. (ASAL) currently grades C — mixed — needs patience. Price is 10% below the pivot. Flagged yesterday. This is educational research, not investment advice.

What are ASAL's support and resistance levels?

For ASAL, near-term support sits around ₹540.9 (the base/stop zone); overhead resistance is around ₹574.2 (the breakout pivot); the next resistance above is ₹689.0. This is educational research, not investment advice.

What is the breakout / pivot level for ASAL?

The breakout pivot for ASAL is around ₹574.2. Price is about 9.6% below the pivot and still building toward it. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.

Is ASAL above its 50-day and 200-day moving averages?

Yes — ASAL is in a confirmed Stage 2 uptrend, trading above its rising 50- and 200-day moving averages, the zone where swing setups tend to work best. This is educational research, not investment advice.

How strong is ASAL versus the market (RS rank)?

ASAL has a relative strength (RS) rank of 58 out of 100 versus the NSE universe, making it lagging the broader market on relative strength. Trend strength (ADX) reads 22, indicating a building trend. This is educational research, not investment advice.

Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.

Prices and day-change figures use the last daily close from scan data dated 2026-06-28 — not live intraday NSE quotes.