Head & shoulder pattern on Day chart of Asian Paints. Also faced resistance of 200 ema (blue) If stock breaks support of 3000 then candidate of short trades. SL just above 3100. And downside target 2900, 2800.
#Reliance in triangle consolidation after Trendline breakdown. And formed harami looking candle pattern on Resistance today. Can initiate Short position if it breaks today's & yesterday low around 2550 with SL of 2580 Trgt 2510-2490. If breaks today's n yesterday high around 2580 then can initiate Long position With SL below 2550. For trgt 2625, 2675 & 2725 final...