ASTRAMICRO trade ideas
Buy Astramicroware above 178 for the target of 188Buy Astramicrowave @178
target 187-188
Disclaimer: This is just for education purpose. Consult your financial advisor before investing.
Astra microwave - Bullish tradeTechnical analysis -
1. Long term breakout (16 years) above 167
2. Stock is in consolidation mode post breakout
3. Stock is making a rounding bottom on weekly chart
Trade set up -
Go long, try to buy close to 165
Targets are 181 and 191
SL is below 160 closing
Astramicrowave the stock was in consolidation ...and has recently given a breakout ....and after its retest will resume its uptrend
Astra Microwave - 16 Yr Breakout on volumeR. Damani is invested in the stock.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Astramicro a good long setupObserved that AstraMicro is steadily going up. My chart says it can reach the levels plotted on the chart. Tradingview rating on this stock is a Strong Buy. So traders watching this stock may find a good buy opportunity on this stock.
As always, please do your own due diligence on each and every security before you act.
Queries / Feedback welcome.
All the best to all.
Astra Microwave ProductsPositional Trade: Buy Astra Microwave Products
Last Close: 178
Target: 195
Stop Loss: 173
ASTRAMICRO Looks ready for another Run1. It create its base around 38.2% fib lvl.
2. Trading above 200 day MA.
3. Clear bear trap visible in recent Price action.
4. Volume also looks good.
It looks good for 214 which give nice 1:2.11 RR
Astra Micro Cmp 178 dated 14.7.2021Astra Micro Cmp 178 dated 14.7.2021
1. Flag Pattern on chart.
2. Rectangle consolidation breakout @ 175
Buy for a tgt of 200-225 SL 160
It is just a view, pls trade at your own risk
Astra Microwave Products - Long term breakout Stock has given a major long term breakout on monthly charts .. One can buy at 170 and on dips to 150 stoploss 130 .. expect stock to give major momentum above 200 .. if works out possible targets 350-700
ASTRAMICRO [trend continuation][breakout]intraday and short-term view : the stock is seen building up near the resistance with extreme low volumes.
it has been seeing good buying volumes since the past couple of days.
plus the major trend is uptrend.
the risk-reward is quite good.
possible breakout candidate. NSE:ASTRAMICRO
ASTRAMICRO Indicating Strong BreakoutFundamentally very good company ready for big breakout.. CMP 162.80, buy level at cmp or 154-145 range with a SL below 128.. First Target is 200.. Will update once breakout happen.
Chanel breakout in this stockQuant mutual fund bought 6.02 lakh shares at price 159.14 this price will be a support long for a swing high.
Navardev!! Dulha!!Waiting for monthly candle to close above 165 region
technically looks good if candle closes above 165 region... for now just waiting
“Fundamentals that you read about are typically useless as the market has already discounted the price, and I call them “funny-mentals”. However, if you catch on early, before others believe, you might have valuable “surprise-a-mentals”.” ~ Ed Seykota
