#ASAHIINDIA gave a stage 4 breakout 2 week before. After that a natural reaction is going on and it seems like tomorrow , it's going to give a breakout again from natural reaction. -> another important factor is that this script comes from auto equipment manufacturing industry which is relatively strong. -> during basing period , accumulation is clearly visible. ( Big green volume bar ) -> Relative strength (with respect to nifty 50) is in good uptrend. uptrending.
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