Further Advance
Our Pivot: 42.10
Our Preference: Start buying ASTL from current price and average it out till 44.60 with strict stop loss of 42.10 and profit target at 52.40 with extension towards 54.15.
Alternate Scenario: Downward penetration of 42.10 will call for 37.80.
NOTE: ASTL is moving in a bullish price channel on weekly and daily chart and right now its above to complete 50% correction of its last bullish rally.
Chart with supports & resistances:
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