Astra Microwave Products - CMP - 141.90
Segment - MID CAP
Why should Stock attractive at current price or if get pullback till 139 : -
* Triangle Pattern Breakout above 141.50
* Volume is rising at Breakout
* RSI trend line breakout above 50
* Good Fundamentals so far.
* Attractive PE 20.91
* Debt to Equity Ratio - 0.29 (Debt Free Stock)
* Triangle Breakout Target comes near 156 (which is also near all time High)
* Stop Loss 134
* FII Stake Increased in June 2017
Please note - Financial Result will declared on this Friday 28 July 2017. Fundamental is good so far and hence expecting good result as well. If any negative result, we need to review position after the result date. So Stay well infromed. Thanks.
Daily Chart -