InvestPro_India

Asian Paints is again at .618 Level

NSE:ASIANPAINT   ASIAN PAINTS LTD
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.

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

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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.

Comments

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.
Reply
now it's falling.. it may retrace from .786
Reply
InvestPro_India bullbaba007
@bullbaba007, most likely, and thanks for your comments.
Reply
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