karthikmarar

ASAHI INDIA - Moving out of the accumulation zone and gearing up

Long
NSE:ASAHIINDIA   ASAHI INDIA GLASS
The stock was going through almost six months of accumulation. Then it broke above the accumulation zone and moving into the markup Phase. The Relative strength is also positive. Moneyflow and Absolute strength is also positive. The stock is likely to move move up and test the 690 levels. It may face some supply around 620 levels.

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