Astral

my views on Astral
Pros
MFI 80 and %B > 80 suggest strong overbought move in stock.
VWAP,Alligator, ADX, RSI, MACD - all indicator show BUY position.
Breakout given with strong volume on 4th Jan
High and increasing FII holding

Cons:
P/B of Astral is around 25 which is very high in its segment.

My Strategy:
No fresh entry.
if in portfolio, hold with trailing stop loss
if 2470 is broken with strong volume then momentum to continue upwards
Else stock will test 2375 or lower.