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ASIANPAINT Double Bottom

A Double bottom pattern was witnessed in Asian paints on 2014 between sep 25 to oct 16. A long position can be called for as the volume was relatively high on point C. The entry point was taken a bit after crossing point C and a target of 200 min calculated . After this double bottom witnessed the price went very high with good profits enabling for the traders if a long position called for

Entry price 662.8 ; Stop loss 624.3; Target 850

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