ASTRAL Above 2275 Looking Bullish if cross and sustain will touch 2350-2400-2500 in coming days
This is not a financial advise. The stock is trading near the lower band of an ascending channel. We expect bullish sentiment in the stock from the support and the momentum to continue. It has also taken a support of EMA 200 line. 'buy’ could be above Rs 2,210 with a target of Rs 2,550 and a stop-loss of Rs 2,050.
ASTRAL LTD is making a triangle in a longer timeframe and making a head and shoulders in the smaller timeframe and also is range bound on support and resistance marked as pink boxes. Can buy after the breakout and the pink box and break of the trendline target for swing is 2312.
ASTRAL is a buy with sl 2000 for target 2375 as per my algo
(4 Hourly) - Volatility Contraction pattern - Above Short term & Long term Moving Averages
buy Astral at 1600-1550 we seen 1670-1710-1750-1800+ view invalid below 1466 cbsl note: all views are education purpose only.