Astec has broken a good support last Monday big time. If it recoups in a couple of days, the early December target will be 1300, else we may see it will drift to a level of 800 in a month, where a support is there
-0.11020> 0.010802>0.010329 for short 0.010300> 0.014519 for long Roadmap VET
The upper range is 2500-2600 for the coming week. If it breaks the lower limit of the channel (CMP), then we may see a bottom at 1980-2000 in a a couple of weeks. Long term target as was told earlier, remains at 3500 and higher.
380 should be the support which is likely to be seen by mid November if the stock keeps consolidating.
Berish Below 501 Bullish above 535 Reverse trade if stopped out
Berish Below 2340 Bullish above 2537 Reverse trade if stopped out