ASTRAL — Below the cloud with 30 points of supply above

closed at 1411.40, lower by 47.60 or 3.26%. Tenkan is at 1470.30, Kijun at 1501.30, Span A at 1485.80 and Span B at 1455.80. Price sits below the cloud, below Tenkan and below Kijun. The cloud ahead is green, running from 1455.80 to 1485.80, which places a band of roughly 30 rupees of overhead supply directly above the current price. The chart has been range-bound since June, between approximately 1300 and 1590. Today's fall places price in the lower half of that range after a rejection near 1580 in late August. Astral operates in piping and adhesives, where volumes follow construction activity and PVC resin pricing drives quarterly margins. Reclaiming 1485.80 would restore the structure. The 1300 area marks the July low.