๐ Chart Analysis: ASTRAL - Monthly Time Frame ๐
๐ Monthly Range Box Breakout!
๐ After 7 months of trading in a tight range, Astral has finally broken out on the monthly time frame! ๐ This breakout suggests a potential opportunity for an upside move and profitable gains. ๐
๐ฅ Trade Setup:
CMP (Current Market Price): 2069 ๐น
SL (Stop Loss): 1890 ๐
Targets: 2355 ๐ฏ, 2652 ๐
๐ What's a Range Box Breakout?
Imagine a coiled spring ๐ - 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.
๐จ Trade Strategy:
๐ Confirm the breakout on the monthly chart.
โ๏ธ Set your stop-loss strategically at 1890.
๐ฏ Targets locked at 2355 and 2652.
๐ก Why is this noteworthy?
๐ Breakouts from tight ranges often lead to substantial moves.
๐ Monthly time frame signals a potentially significant trend change.
๐ Opportunity to ride the upward momentum for profitable gains!
๐ Disclaimer: Trading involves risk. Always do your research and utilize risk management. Not a SEBI registered analyst.
๐ Your take? Excited about this breakout potential? Share your insights below! Let's engage and learn together! ๐ค๐ฌ
#ChartAnalysis #StockMarket #TechnicalAnalysis #Astral #TradingOpportunity #BreakoutAlert ๐โจ