TheWizardsZone

Asian Paints: Test of 200 SMA on cards

Short
NSE:ASIANPAINT   ASIAN PAINTS LTD
It is a blue chip company which is currently in correction mode. Any bounce towards 21 EMA is being sold into. Unless it makes a strong close above 21 EMA , the downtrend may continue and stock may correct to 200 SMA

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