SHORT ASIAN PAINTS LTD [SWING TRADING]
Educative purpose only!!
After significant Accumulation, the Long price advance from 2130 to 2550 levels, and the current Distribution Phase, a bearish Decline is expected.
Breakout in the above Triangle Pattern is highly likely to be a false breakout. Yet verify with price action when the market opens to confirm the same. Most suitable for swing trading.
After significant Accumulation, the Long price advance from 2130 to 2550 levels, and the current Distribution Phase, a bearish Decline is expected.
Breakout in the above Triangle Pattern is highly likely to be a false breakout. Yet verify with price action when the market opens to confirm the same. Most suitable for swing trading.