bgmungekar

Gap & Doji In Asian Paints

NSE:ASIANPAINT   ASIAN PAINTS LTD
A gap can be seen in the price of Asian Paints(highlighted in green), a previous attempt to fill the gap on 18th April did not succeed, stock has been able to hold Fibonacci level of 23.6%. Two successive dojis can be seen recently and delivery percentage for last three days are 55%,67%,57%(positive sign). The stock might move up once again to fill the gap.

Jai Hind
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.