Stock name: Asahi India
Pattern: Trading in a range
Time frame: Daily
Observation: The stock was in a downtrend and had made a double bottom and is currently trading in a range. Once the resistance is taken out, the stock can start its upward journey. If the range support is broken, then the stock can exhibit further weakness.
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Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.
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