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Asian Paints Ltd

Trendline drawn from October ,November lows of 2014 is still giving ASIAN PAINTS  nice supports in bearish face of NIFTY.Yesterday also stock took support on this trendline .Fast moving indicator are so close to give a sell Signal ,so if trendline break stock will move 730 levels ,and eventually to 700.Upper band of stock is 810 levels .If your in this stock HOLD position ,fresh position can be added above 50 DMA ,with indicator support only