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ASIAN PAINTS LOOK OUT FOR THESE LEVELS!!!

NSE:ASIANPAINT   ASIAN PAINTS LTD
ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE .
PRICE WAS TAKING SUPPORT FROM DAILY 20 EMA BUT FINALLY GAVE A CLOSING BELOW IT. 2150-2155 HAS ACTED AS A MAJOR SUPPORT. INCASE THE STOCKS BREAKS THIS LEVEL, WE MIGHT SEE 2135/2100. INCASE OF UPPER BREAKOUT OF TRIANGLE PATTERN NEARBY RESISTANCE IS ALREADY MARKED ON CHARTS (RED LINES)

The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts
2) TE-REKAB
- PB : PULLBACK

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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)

HAPPY TRADING!

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