ASIAN PAINTS
Stock moving up from strong trend line support at its previous bottom @ 784, technical indicates bulls will be favored as long as it holds above its previous bottom.
RSI indicator also in oversold zone this indicates some bounce back can be seen in coming days.
Stochastic indicator also turned +ve this will favor bulls.
Intraday stock looks good above 818.50, will find strong resistance (intraday) around 822, 825.
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