📉 After 7 months of trading in a tight range, Astral has finally broken out on the monthly time frame! 📊 This breakout suggests a potential opportunity for an upside move and profitable gains. 📈
🔥 Trade Setup:
CMP (Current Market Price): 2069 💹 SL (Stop Loss): 1890 🛑 Targets: 2355 🎯, 2652 🚀 🌈 What's a Range Box Breakout? Imagine a coiled spring 🔄 - that's what we've been seeing in Astral's chart for the past 7 months! Now, with this breakout, the potential for an explosive move to the upside is on the horizon.
🚨 Trade Strategy:
📈 Confirm the breakout on the monthly chart. ⚖️ Set your stop-loss strategically at 1890. 🎯 Targets locked at 2355 and 2652. 💡 Why is this noteworthy?
📊 Breakouts from tight ranges often lead to substantial moves. 🚀 Monthly time frame signals a potentially significant trend change. 📉 Opportunity to ride the upward momentum for profitable gains! 📈 Disclaimer: Trading involves risk. Always do your research and utilize risk management. Not a SEBI registered analyst.
👉 Your take? Excited about this breakout potential? Share your insights below! Let's engage and learn together! 🤝💬