Astral shows a MACD rebound, but trend stays weak

closed at ₹1,430 after gaining 1.5%, extending the bounce from the recent ₹1,350 area. The recovery candle is constructive, and the MACD histogram has turned positive, suggesting that selling pressure is easing. However, this is still a rebound within a broader weak structure rather than a confirmed trend reversal. Price has fallen from the August high near ₹1,580 and remains below the more important medium-term average. The 20-day average around ₹1,400 has been reclaimed and now becomes the first level to hold. The 55-day average near ₹1,457 is the bigger test, as it has capped several recovery attempts. MACD is below the zero line despite improving momentum, which means the stock needs sustained price strength before the indicator can support a stronger bullish view. Holding above ₹1,400 can allow a retest of ₹1,457. A close above that average may open room towards ₹1,500. If the stock loses ₹1,400 again, the recent low zone around ₹1,350 returns to focus. Housing activity, plumbing demand and polymer input costs remain important business drivers.