anis2407

ASIAN PAINTS TRADE SETUP

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NSE:ASIANPAINT   ASIAN PAINTS LTD
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Just a personal view. Not a recommendation. Levels below are approx and not exact.
1335/1330-1290/1285 is a range to play. If sustains the top rectangle in red, i.e around 1337, then 1350/1360 possible. so bigger range can be 1360-1285. Trend change to bullish only if sustains resistance in green trend line .Trend bearish continues if fails to hold the support in green trend line . Also if moving averages are considered, 20EMA/50EMA crossover already seen (green/pink). currently price taking resistance at 100 EMA .

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