ASTRAMICRO stock price analysis and future expected movements
On 9th may 2025, the stock price of ASTRAMICRO broke its consolidation phase
and given its closing above an important resistance level, 867
After that, an increase in stock price has been seen
Yesterday, the candle was still found totally outside the upper band of the Bollinger Band, which indicates that the stock price is trading in the overbought zone
Today, the candlestick has also formed outside the upper band of the Bollinger band
RSI is also at 83, which also indicates that the stock price is trading in the overbought zone, and a fall in the stock price may be seen
We are bearish on it
#TechnicalViews#WatchOutFor#EquityResearch

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