I am taking a bearish move on NIFTY. Due to which Assam Company may be hit and may go down.
During such a case, Rs 17 would be a good time to accumulate. If the price closes below 16.85 on any bearish day then things may get bad.
Note: I have just started getting into technical analysis. I am not an expert. Fundamental still suggest us that Assam has lots of potentials, provided the managements starts working on it.
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If u want to get multifold return, then stop looking for short term gain. It has a long way to go and will easily give 10 fold return going forward in 1-2 years.
| NIFTY 
