After breaking, the resistance of 3170 Asian Paints comfortably traded at 3226. The chart is self-explanatory.
We can see confirmation of the trend from the following points. 1) Breakout of dynamic resistance line. 2) Fibonacci level support 3) Higher Low after consecutive Lower lows.
Buying Range:3230 to 3170 Stop Loss: 3050 Expected target: 3505, 3800 to 4100.
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