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Kunal-Battu

BULLISH on ASAHIINDIA

Long
ASAHI INDIA GLASS (NSE:ASAHIINDIA)  
Kunal-Battu Updated   
NSE:ASAHIINDIA   ASAHI INDIA GLASS
Trend Analysis Chart Patterns Technical Indicators indianmarket indianstocks 52weekhighs breakout Bullish Patterns investing
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trendanalysis chartpattern indicator indianmarket indianstocks 52weekhighs breakout bullish investing
ASAHIINDIA

ASAHIINDIA has given a breakout and has made a 52 week high after 6 months of correction. The volume is also high on the breakout. The MACD has also given a bullish signal. The price is trading above the moving averages which shows bullishness. The RSI is also trading above 50 which shows good momentum. This view is for long term as the price is given all time high breakout. You can also invest in this stock and i will update when to exit. The SL level is around 550 levels.

Disclaimer : This is my own analysis and view. This is for educational purposes. This is not a recommendation, call or a tip.
Comment:
Trail SL to 590 levels.
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