Asahi India Glass
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Last Updated: Sun, Feb 01, 2009 14:55 hrs
Kindly let me know the outlook of Asahi India Glass. I am holding 400 shares purchased at Rs 135. Madhu Gupta
Asahi India Glass (Rs 40.6): This stock is halting just above its long-term trend-line. Investors can hold Asahi India as long as it trades above Rs 30.
Decline below Rs 30 will pull the stock to Rs 18. Key resistance for the year ahead would be at Rs 60 and then Rs 77.
Investors should divest their holdings on a reversal from either of these levels.
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