As per the Analysis, Asian Pains made double top and hit dynamic resistance of trend line.
This indicates the market reversal pattern. So down trend expected already distribution happening while checking lower time frame.
So this expected downtrend possibly. target will be 1437.00
If downtrend failed and break out done above 1550 this his as per Fib level...
There is a double top formation in HINDUNILVR , if the weekly price closes below we can have a entry point and target is mention in the chart
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