shalimar paints looks bullish in emdium term.

Updated
Its long term trend is up.

In weekly, price bounced from the horizontal support.

price reversed from the 61.8% retracement level. snapshot

sl - below horizontal support - 180, tgt - 310.
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big move on fri, closed at 224.60
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price closed above upper BB with good volume and BB is expanding. sign of bullishness snapshot
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till now 235.95
bounceBullish PatternssupportSupport and ResistanceTrend Analysis

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