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Thursday, July 24, 2014

24-7-2014 - ASIANPAINT



            ASIANPAINT has given a close at 620.10. This stock has given a clear breakout. Please see the chart below for better understanding. ASIANPAINT is trading at all time high levels. As we always mention, that all the breakouts are worth taking a chance and trade. One can initiate
a long position and stay invested for higher levels. As it is trading on all time high, levels prediction does not make any sense, still one can expect the price targets like 635 and 650 in a very short term time period. A closing basis Stop Loss can be set at 600.



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