ASTRAL MONTHLY BOX BREAKOUT🔍 Chart Analysis: ASTRAL - Monthly Time Frame 📈
🚀 Monthly Range Box Breakout!
📉 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! 🤝💬
#ChartAnalysis #StockMarket #TechnicalAnalysis #Astral #TradingOpportunity #BreakoutAlert 📊✨
Boxbreakout
TECH MAHINDRA monthly range breakout PREMPTINGtech mahindra range breakout preempting
it index is strong and most negative news are priced in
on monthly basis its forming a marubozu candle
my sl is 940weekly closing basis
target 1277 1484
after falling forming range
on weekly basis range breakout has occur and this week i will be consider for confirmation if it closes above 1127 on weekly basis
$KRE Weekly Box BreakoutAs mentioned in XLF idea, Financial charts looking bullish with a nice weekly box breakout. KRE regional banking etf :
- Look for retest of box or possible sellers to step in for a push down to 8EMA green line
- My bias and bull case - continuation , especially with the MACD bullish cross confluence.
I'm long Dec 72c but can also form a spread with the Dec 69p (.28 delta)
SRF- A box BreakoutA potential box breakout can be on the line. This stock is looking strong as it is holding its level even when nifty is retracing back. Volumes are also encouraging (Circled some for the reference.)
But we don't need to jump into the trade if it does not halts at higher level before breakout. It needs to consolidation for day or two at higher levels before it breaks out. Longer the wait better the breakout will be.
Keep an eye folks .
Cheers and Happy Trading.
Disclaimer:- I am not SEBI registered. Trade with your own risk and caution.
Potential breakout and breakout and re-test tradesWatching for Breakout
AUDCAD has made a huge rebound higher before making a sideways move in more recent times.
As the daily chart shows ; in recent sessions price has consolidated and moved into a box pattern.
If we can see this box breakout inline with the previous momentum higher it could see the next leg higher continue.
This could also pave the way for potential breakout and breakout and re-test trades.