Asian Paints , a night mare for shorters in august (including me) as it just kept going up.
Made a new high on clear divergence in RSI
Price will not be able tp sustain at these levels for long. wait for a break of Tenken (blue line).
expecting a correction to 20 dma sometime and lower to test Kijun Sen (maroon line).
its a positional call. targets 1580 1550 1530
Made a new high on clear divergence in RSI
Price will not be able tp sustain at these levels for long. wait for a break of Tenken (blue line).
expecting a correction to 20 dma sometime and lower to test Kijun Sen (maroon line).
its a positional call. targets 1580 1550 1530
Comment:
1580 achieved
Trade closed manually:
1589 1550 1536 achieved, not waiting for 1530