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Umang Bhutada

12th Nov · SEBI-Registered Analyst

ASAHI INDIA GLASS | TECHNO-FUNDA ANALYSIS

Asahi India Glass Ltd – 1D

ASAHIINDIA
Trend: Strong uptrend with successful breakout; forming higher highs. Support: ₹878 | Retest Level: ₹878–₹805 | Resistance: ₹969 (fresh breakout) Technical View: Stock has broken out of a multi-month consolidation above ₹961. Sustaining above ₹960 could push it toward ₹1000–₹1050 zone. Fundamentals (Short): Market leader in automotive and architectural glass. Growing margins with steady earnings and industry demand revival. Verdict: ✅ Buy on breakout retest near ₹960–₹940; targets ₹1000–₹1050; SL ₹878.

#TechnicalViews#FundamentalViews
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