Good Evening Friends, AstraZeneca is in very long term uptrend(24 months). It has breaken out today after consolidating for past few 3-4 weeks. Breakout has been on very health volumes almost 4.5 times average volumes(331K vs 78K average volume) RSI is in uptrend and looks promising.
Buy Closer to 3576 levels
Support Levels 2939 (below this trend may get invalidated on short term) 3302 3451 3520 3565 Target 1st Target 3949, 2nd target 4188
Pls support with likes on the idea.
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Astra made a low of 3550, took support between 3565-3520. Perfect rebound to 3660 3% (Rs100) profit in 15 minutes. Keep riding