The technical analysis indicates that the stock has the potential to reach the target price, given the current market conditions and the breakout pattern. Traders should closely monitor the stock's price movements and adjust their positions accordingly to maximize profits and minimize losses.
Astral Ltd stock has recently experienced a significant breakout after a poll and flag pattern formation. The stock is currently trading in the range of 2085-2120, providing a potential entry point for traders looking to capitalize on the upward momentum.
The breakout suggests a strong bullish sentiment in the market, with the stock likely to continue its upward trajectory. With a stop-loss set at 1875, traders can manage their risk effectively while aiming for a target price of 2600.
Astral Ltd stock has recently experienced a significant breakout after a poll and flag pattern formation. The stock is currently trading in the range of 2085-2120, providing a potential entry point for traders looking to capitalize on the upward momentum.
The breakout suggests a strong bullish sentiment in the market, with the stock likely to continue its upward trajectory. With a stop-loss set at 1875, traders can manage their risk effectively while aiming for a target price of 2600.