Asian Paints price is contracting with in a triangle after a big rally.
but the rsi is coming down, and the price is still away form 20 dma.
the doji on heikin ashi formed today is critical. if it closes above the high of today, buy. targets 1800
if it closes below the low of today. sell..for tgts 1730 1700
i am expecting it to break down from the triangle soon.
manage your stop loss accordingly.
note: please do due diligence before trading or investing
but the rsi is coming down, and the price is still away form 20 dma.
the doji on heikin ashi formed today is critical. if it closes above the high of today, buy. targets 1800
if it closes below the low of today. sell..for tgts 1730 1700
i am expecting it to break down from the triangle soon.
manage your stop loss accordingly.
note: please do due diligence before trading or investing
Trade closed: target reached:
it went on the upside to 1800. ..