Astra Microwave Products Ltd.
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ASTRAMICRO- On the verge of breakout "MULTI YEAR BREAKOUT"Stock is testing that level many times and now we could see a bullish sign.
Once the month candle close above the line we can see good momentum
Long Astra Micra for minimum 10%Long set up in Astra Micra
Looking good rounding bottom breakout
Buy above 131
Target 150 levels
Stop loss on Closing basis 120
worth having a punt...confluence of the moving averages may get a fill at 86 . Just a follow up on the earlier high time frame graph.
113 is the immediate target where we might see a wee pull back before the big move up .
so hop on now or hop on after the downtrend has been taken out and get in on the retest.
Gutted missed the meat of the move but i feel quite bullish about this , assuming their demand for super components should go up not only in India other countries as well.
260 mid term hold 99 day has stopped this run for now however this baby is going to break 199.35 its ATH prettty quick and most likely make new all time highs.
113 looks like a busy area however i feel it should not be a problem and once we cross that doubt we get a rejection from the long term downtrend line.
Ready to buy Astramicro buy range 110-120 Target you all know upper limit of this stock from past 3 Years
