ASIANPAINT is bouncing from a very strong support level. I don’t foresee any significant downside from here on. A target of 4250 in the coming weeks is likely. A weekly close below the 50-EMA should serve as the stop-loss. Disclaimer: The sugggestions here are only for information and follow-up, and are not trading recommendations. Trading at your own risk. NEVER trade without a stop-loss in place.
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