Trade ideas
Astra Microwave daily chart analysisStock is at important Supply zone.
For the upside movement stock has to close above 290-300 Level with good candle & Volume.
There is high chance for a retest , if it is coming for retest then 250 level should be strong support. If it break that level then upside movement will be paused for some time.
Stock has a potential to reach 380-400 level, if it close above 290-300 Range.
Keep this stock in watchlist, wait for the proper Breakout to enter. as now it is at important supply zone.
This is just a view not a recommendation to trade. Do your own analysis before making any trade.
Share your opinion in the comment section.
NSE:ASTRAMICRO
All time high breakout in Astramicro Updated View
All time high as wells channel breakout in Astra Microwave Pr in daily chart frame.
Stock broke its important Supply zone with good volume and candle.
For the upside movement stock has to close above 313 Level with good candle & Volume.
There is high chance for a retest , if it is coming for retest then 290 level should be strong support and good chance for re-enter.
Stock has a potential to reach 380-400 level, 268 will SL.
This is just a view not a recommendation to trade. Do your own analysis before making any trade.
Share your opinion in the comment section.
NSE:ASTRAMICRO
Double bottom/W pattern formation on weekly chart around ATHThe stock is making a double bottom (W-Pattern) and looks good above 284 for intraday and 290 for positional trade.
Positional mid term targets can be 320 and 360 (calculated using Fibo).
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
ASTRAMICRO - Upside Momentum2022-07-15 : Trend Changed to +ve
On Daily and Monthly time frames close is above 20-SMA
Also NR7 - Breakout
Entered the stock here.
2022-07-20: Volume is 3-Month High
Momentum is very high
On Weekly time frame also Close crossed 20-SMA
The monthly trend is +ve and the Weekly trend also changed to +ve
Close crossed W13 Upside
Also on Weekly time frame W-SMA Close >13, 34, 55
Clear Buy for me.
Please spend time on your own research before investing.
ASTRAMICROVery nice setp , just
watch my chart in
weekly tf
daiy tf
you will find one bigger channal
from there we can find big support and resistance .
Then small descending channal it has broken that as well .
Now under small box channal .
once it broke that point
we can expect bigger move as explained .
Breakout in Astra Microwave Products...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.






















