Downtrend trendline broken in Astra Microwave Products Limited with very high volume.
Double bottom or W pattern breakout in ASTRAMICRO, good opportunity to go long. On other side, if nifty falls down, this stock also might take some time to go up.
From here the stock can make a move to the flagged Target , breaking the descending∆
AstraMicro is making a flat base pattern at Hourly timeframe, And the RSI is in Uptrend. Which indicates positive divergence. It can give a good upmove up to 319 SL should be at 301. Risk: Reward is 1:2.
Will see demand around 282-272 zone. If goes below 257 no logic to stay in long. volume in recent fall is not that good.
Astra Microwave last day perform a good Triangle breakout .If sustain above 328 ,short term Target will be 420 maintaining the stop loss 300.
Breakout in Astra Microwave Ltd with very high volume......
Mega Trend: Defence Sector Double Bottom Breakout from Falling Wedge on Weekly Chart as described by William O Neil - High Volume on Up Weeks - Low Volume on Down / Handle Formation
Long at retest. Ride with super trend please consult your advisor
Astra microwave. CMP:307 sl:275(wcb) Target: 360/410/490
Strong consolidation and Gaba sir in viewers call in CNBC gave targets of 400+ chart is also suggesting 440 levels. Defense theme stay invested..
DON'T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Book profits within the first 30 minutes of the market opening - Try to exit by taking 3-5% profit of each trade - SL can be taken when the 5/15 min candle closes below 44EMA - SL can also be maintained as 1% or closing below the low of the breakout candle The levels mentioned...
Formed a consolidation pattern-Darvas Box and Looking bullish to breakout.
Cmp - 308.90 Buy @ 295_272 | WCBSL 258 | Tgt 333/375+
Astra Microwave Products Ltd Breakout trade with good volume CMP 300 Possible targets 330 and 380 Stop Loss 275 or as per risk capacity
Stock is in a strong long-term uptrend. Stock was consolidating from past few weeks with dry volumes. However stock has given a strong weekly BO with increased volumes. Good buy at current levels. Disclaimer: I am not SEBI registered
Astramicrowave, Buy at 302, Target 360 Astramicrowave, Buy at 302, Target 360
After Breakout of 17 year consolidation Tight range volume buying is visible on charts with heavy volume on right side of chart Best buy 295-300 Target for both shortterm and long term are mention on chart Feel free to comment on post Share to spread knowledge