Asian paints bearish divergence on a weekly time frame.
Updated
Looking at the current market scenario anyone would initiate a short position.
But, there are some levels and certain candle formations which gives us a clear picture of the next move.
If this stock falls with the current market scenario we may witness 1530 to 1550 levels in this counter.
This is a simple example of bearish divergence on RSI.
One can see the price making higher highs and the RSI making Lower Highs.
Keep this stock on your RADAR. For further short levels, you may message me.
Thank you.
But, there are some levels and certain candle formations which gives us a clear picture of the next move.
If this stock falls with the current market scenario we may witness 1530 to 1550 levels in this counter.
This is a simple example of bearish divergence on RSI.
One can see the price making higher highs and the RSI making Lower Highs.
Keep this stock on your RADAR. For further short levels, you may message me.
Thank you.
Trade active
1566 today's low!!!Trade closed manually
partial profits booked!!!As the FPI meet is today so carrying no positions!!!
Trade closed: target reached
target done after booking partial profits and high market volatility!!!
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