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ASTRAMICRO – TECHNICAL CHART STUDY

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buy ASTRAMICRO above 123 sl 100 target 165-185-220

hold if close above 123 or 125 level.

technical chart study

as per technical chart pattern we can see that stock is moving in strong bullish trend now, with the rising high and low pattern, just 2 month back we had already given this stock for long term buying near to 70 level for multiple targets and as per that it moving in same long term pattern.

as per recent chart, we can see that in last session it has given a “BULLISH BELT HOLD” candle and able to break the recent high also.

as per rsi it has developed “NEGATIVE BULLISH DIVERGENCE” on chart now, which can be confirm above mention level only.

so again indication is same buy and hold this one if able to move and close above mention level, use recent bottom as a support level, which was developed near to 100-105 range, most important is closing above level, so hold only if give expected close.

 

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