Asian paint -Candidate for Short
Updated
Asian Paint in down trend (from 1800 to 1500) . It has resistance near 1630-1650. On 4 hourly chart last candle is doji and Rsi decreasing. So might be a short trade on Tuesday ie. 26/05/2020 if opens above 1625 or 1630 for good 30-40 points.
Trade closed: target reached
On 27th May targets were reached. There after again from 9th June it is sale zone which was not updated here. Overall a good trade based on technicals.
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