Asian paints analysis using elliott wave

ASIAN PAINTS LTDNSE

Description

⋅ Jul 19, 2017 10:26 AM

It appears that asian paints is forming a traingle .If true the stock is likely to get resisted at around 1165 levels and will move down 1090 levels to complete the pattern.

Once the pattern completes , we should see a resumption of up trend

Elliott Wave