Shalimar Paints Limited stock analysis

SHALPAINTS stock today closed at 120 with gain.
today volume was 27 times of 1 week average.
stock short term trend is bearish
but momentum is building for recovery rally.
for short term, SHALPAINTS support zones are 114 and 100.
and on upside SHALPAINTS resistance zones are 128 and 143.
Shalimar Paints Limited stock
above 114 remain buy for targets 128 and 143.

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Pramod Baviskar

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