Holding at 3/1 support and is on the verge of reaching confluence of descending line. Next 2/1 resistance is at 320. One may enter at CMP 280 for a target price of 320 in three weeks.
Stock has given a break out after a good consolidation of over 6 months along with a retest of the previous breakout point. Good times seem destined for the stock.
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ASALCBR
