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3R winner in Asian Paints

 

A long trade in Asian paints which gave 3 times its risk as reward and completes the trade in 3 days. This trade happens when the whole market is limping from a big bear move. In a negative market where the company has also reported poor results a trade that is a big winner.

There was no prior information that results will be bad and it will get accepted by the market and brokerages will upgrade the stock for a buy. We just followed technical’s with the system rules, had a beautiful winner.

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