NSE:ASIANPAINT As you see in chart price is moving in long bullish channel and making higher high become reason to suggest long position in Asian Paints. Based on Support and resistance theory support and resistance level are given. Above analysis is only for educational purposes. Please consult your financial advisor before taking any position.
As you see in chart clearly negative Divergence and also price is making lower lows. With above analysis and support resistance theory, important level for short is made. Above analysis is purely for educational purpose , please consult your financial advisor before taking any position.
A long downtrend trendline is seen in weekly chart . Onces the trendline is broken stcok shows a good upward movement with 2 trendline. 1st one is aggressive but can't sustain so 2nd smooth trendline is necessary. Initiat long position around 135. Target : 145/150/160 Stoploss : with appropriate position size take 2% of your capital in Delivery and...