AdityaSaharia

Sell Asian Paints tomorrow.

Short
NSE:ASIANPAINT   ASIAN PAINTS LTD
Technically, candlesticks in 1 hour chart shows double top pattern and evening star .

Also negative divergence strongly indicates that price may go down tomorrow.

Sell CMP - Rs . 967
Target - Rs . 952
Stoploss - Rs . 977.85

Minimum Risk Target could be 1:1.
You could cover your position and wait for triple top again in 2-3 days.

Comments

I do not know how to edit it, But here Rs does not mean Reliance.
Rs meaning is Indian Currency, i.e. Rupees.

Sell CMP - 967 rupees
Target - 952 rupees
Stoploss - 977.85 rupees
Reply
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