Asian Paints is again at .618 Level

The stock closed around 0.618 Fibonacci retracement level and expected to give a bounce from these levels.

To motivate me, Please like the idea If you agree with the analysis.

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InvestPro India Team
Comment: Broken but closed around the level, let see what happens tomorrow.
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InvestPro Team

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your idea is not bad but brent and crude is rising so Asian Paint will go in dip till crude rising not stop
+1 Reply
@birjufx31, Thanks for your view.... Crude and Brent were falling knife in March 2020 but Asian Paints didn't correct that much. There is a correlation and both don't move parallelly.
now it's falling.. it may retrace from .786
InvestPro_India bullbaba007
@bullbaba007, most likely, and thanks for your comments.
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