Astra Microwave Products Limited is ina rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. The stock has broken a rectangle formation. A decisive break of the resistance at 380 will signal a further rise to 412 or more.
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The stock
has broken up through resistance at rupee
367. This predicts a further rise. In case of
negative reactions, there will now be support
at rupee 367. The RSI curve shows a rising
trend, which supports the positive trend. The
stock is overall assessed as technically
positive for the medium long term.
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