ASIAN PAINTS LTDShort
ASIAN PAINTS POSSIBLE DOUBLE TOP
Confluence of AVWAP drawn from March 2020 lows, 200 WMA and previous swing low made in June 2022 provides a strong support at 2500- 2550 levels. Breach of these levels gives a pattern target is 1500 levels. If the stock is able to hold 2500 level then we may expect sideways movement till either side is taken out convincingly.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.