ASIANPAINT FOR LONG

ASIANPAINT
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1. WEEKLY RESISTANCE BROKEN
2. CURRENTLY IN RETESTING PHASE

ANALYSIS
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(n-2) week candle broke the resistance
(n-1) candle is doji. A doji tells indecision
We have to wait this week to understand the direction of the stock.

NOTE: During this week, on a 2hr chart, if the price closed above 3000 then we can place order at 2988.


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