Investors with a short-term perspective can buy the small-cap stock, Astra Microwave Products at current levels. The stock found support at ₹70.5 in late August this year. The stock had registered a 52-week low at this level and changed direction.
On Monday, the stock jumped 6 per cent accompanied by above average volume, decisively breaching the 21- and 50-day moving averages.
Traders can buy the stock with a stop-loss at ₹77.5.
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