buy ASTRAMICRO above 70 close sl 45 target 120-160-197-235
technical chart study
as per technical chart development we can see that stock has done consolidation for almost 6-7 years {2008-2014}.
its even able to move above its 6-7 years high level now.
on a monthly chart we can even spot a rounding bottom in stock.
rsi again showing a “BULLISH NEGATIVE DIVERGENCE” on chart, so if it able to move and close above 70 level then we can expect a good and fast move in this stock. as it done some good consolidation for years now, so moving above range can surly given some movementum in price now.