This is the weekly chart of Astral Limited, and this one is very different from the previous charts you shared.

1️⃣ Bigger Picture Structure Before the boxed range: Stock was in a downtrend (₹2400 → ₹1300) Then it formed a base (accumulation zone): Range: ₹1250 – ₹1600 Time spent: Several months This is important → long consolidation after a fall = accumulation 2️⃣ Breakout Confirmation Now observe: Price has broken above ₹1600 resistance Strong bullish candles Momentum expansion This indicates a range breakout. 3️⃣ What You Marked (Blue Projection) You’ve marked: Move from ₹1600 → ₹2000 (~23%) This is actually a textbook range breakout target. 📊 Range Calculation Range height: Resistance ≈ ₹1600 Support ≈ ₹1250 Range ≈ ₹350 Breakout target: ₹1600 + ₹350 ≈ ₹1950–₹2000 So your projection is technically perfect. 4️⃣ Strength Signals (Important) This chart has bullish signs which were missing in previous stocks: ✅ Strong breakout candle ✅ Higher highs after breakout ✅ No immediate rejection ✅ Momentum continuation This indicates institutional buying, not selling. 5️⃣ Key Levels to Watch Immediate Support ₹1600 (now becomes support) Strong Support ₹1500 As long as price holds above ₹1600 → trend remains bullish. 6️⃣ Failure Scenario Bullish view fails if: Price falls back below ₹1550–₹1600 Closes inside the range again That would be a false breakout (bull trap). 7️⃣ Trade Perspective Bullish Setup Bias: Buy on dips Zone: ₹1600–₹1650 Target: ₹1850 → ₹2000 8️⃣ Key Insight (Very Important) Compare this with your previous charts: Stock Type Structure Hindalco / ONGC / Fortis Distribution → Breakdown Astral Accumulation → Breakout 👉 This is exactly how you differentiate: Where money is exiting Where money is entering