Simple price action works. The price moved towards strong FIBO and Trendline support on 15 mins chart.
trading in a narrow range. buy above 188 for swing trade .
Buy Astramicrowave @178 target 187-188 Disclaimer: This is just for education purpose. Consult your financial advisor before investing.
Technical 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
the stock was in consolidation ...and has recently given a breakout ....and after its retest will resume its uptrend
R. 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...
Sideways Market Can go long after a breakout (above 187.50)
Observed 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.
Positional Trade: Buy Astra Microwave Products Last Close: 178 Target: 195 Stop Loss: 173
1. 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
The stock looks good above 184.6 level for further upmove
Astra 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
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
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
Fundamentally 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.