RSI Divergence in AstraMicroAstraMicro 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.
ASTRAMICRO trade ideas
supportWill see demand around 282-272 zone. If goes below 257 no logic to stay in long. volume in recent fall is not that good.
HUGE bREAKOUT IN ASTRA MICROWAVEAstra Microwave last day perform a good Triangle breakout .If sustain above 328 ,short term Target will be 420 maintaining the stop loss 300.
ASTRA MICROWAVE (W ; Breakout from Double Bottom - Falling WedgeMega 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
Astra MicrowaveStrong consolidation and Gaba sir in viewers call in CNBC gave targets of 400+ chart is also suggesting 440 levels. Defense theme stay invested..
Buy Today, Sell Tomorrow: ASTRAMICRODON'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 on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Channel Breakout in ASTRAMICRO
Buy Today, Sell Tomorrow: ASTRAMICRO
ASTRAMICRO - Possibility of Breakout in Weekly ChartFormed a consolidation pattern-Darvas Box and Looking bullish to breakout.
Astra Microwave Products Ltd - Breakout trade with volumeAstra Microwave Products Ltd
Breakout trade with good volume
CMP 300
Possible targets 330 and 380
Stop Loss 275 or as per risk capacity
Astra Microwave Bullish Setup 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 360Astramicrowave, Buy at 302, Target 360
Astramicrowave, Buy at 302, Target 360
Astra MicrowaveAfter 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
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Astra Microwave--Double Bottom Breakout.Astra Microwave--Double Bottom Pattern Breakout Weekly Time Frame. Entry Zone-300/310 Expect a Target-380/400 Stop Loss-257.only Education Purpose.
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
Waiting for Breakout and ATH breakout tooThe stock went down from October made W pattern and was about to breakout. If it gives a breakout then it may cross its ATH
ASTRAMICRO 1D BreakoutASTRAMICRO breaks out of triangle like consolidation on 1D timeframe. Enter after bullish confirmation.
Bullish view on : ASTRAMICRONSE:ASTRAMICRO
let see the price action = stock is trade in a range ..
buy above =290 levels
fix your stop loss as per your R:R
tell your opinion in comment....
rising wedge in astra microwaverising wedge is a bearish reversal pattern , i found this in weekly chart pattern
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
