Astra microwave is close to its breakout retesting zone. Keep an eye on this stock.
Astra microwave has broken its immediate resistance and formed a strong breakout candle on the daily chart frame. Keep it on your radar.#astramicrowave
NSE: ASTRAMICRO CMP: 308.90 TARGET 424 37% Return on Equity ( Return on Investment ) STOP LOSS 271 RR > 3 Time frame 6m. NSE:ASTRAMICRO Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE...
The idea here is about ASTRA MICROWAVE PR Mentioned below are the points to be considered Points as per TA on a Weekly Chart: 1. Daily Candle is an Engulfing Pattern. 2. Cypher Pattern Completed on a Daily Chart. 3. 3.618 FIB Reached from AB Leg Distance. 4. Price is way Above 20 EMA. 5. Kumo Breakout & |Twist on a Daily chart is strong. 6. MACD Crossed over...
That is perfect typically monthly breakout now price is 294 TRG for that 350/400/450 in very quick time