Astra Microwave daily chart analysis

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Stock is at important Supply zone.

For the upside movement stock has to close above 290-300 Level with good candle & Volume.

There is high chance for a retest , if it is coming for retest then 250 level should be strong support. If it break that level then upside movement will be paused for some time.

Stock has a potential to reach 380-400 level, if it close above 290-300 Range.

Keep this stock in watchlist, wait for the proper Breakout to enter. as now it is at important supply zone.

This is just a view not a recommendation to trade. Do your own analysis before making any trade.

Share your opinion in the comment section.

ASTRAMICRO
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All time high breakout in Astramicro



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All time high as wells channel breakout in Astra Microwave Pr in daily chart frame.

Stock broke its important Supply zone with good volume and candle.

For the upside movement stock has to close above 313 Level with good candle & Volume .

There is high chance for a retest , if it is coming for retest then 290 level should be strong support and good chance for re-enter.

Stock has a potential to reach 380-400 level, 268 will SL.

This is just a view not a recommendation to trade. Do your own analysis before making any trade.

Share your opinion in the comment section.
ASTRAMICRObreakdownbreakoutChart PatternsdailychartSupply and DemandSupply ZoneTrend Analysisvolumespike

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