Asian paints had corrected more than 16% in just a month .
After 101 days, the price is back to the strong support zone.
Price has made a kangaroo tail/hammer candlestick pattern on the support zone. 200EMA is also near to price.
Wave principle is also giving a similar explanation.
There are three confirmations to find the ending point of wave four.
1. Price...
ASIAN PAINT STOCK SELECTED FOR YOUR LEARNING AND VIEW.
DO SHARE YOUR VIEW ON HOW IT WILL REACT FROM THIS POINT ?
WHAT WOULD BE YOUR CALL, SHOULD YOU GO LONG OR GO SHORT ?
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