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Asian Paints - Trending in a channel from 2015 Jan

Long
NSE:ASIANPAINT   ASIAN PAINTS LTD
Asian Paints - Trending in a channel from 2015 Jan
This time also, it has taken support at the lower trendline of the channel
The lower trend-line coincides with 100WEMA (Weekly EMA)
Good compounders should be always analyzed on the weekly charts such points are low-risk entries

Disc:- Invested at 1600 levels

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