Asian Pains is at support of trendline near 2800 on a monthly time frame and having resistance at around 3400. RSI is around 45. Bullish divergence is formed on chart. Fundamentals of company: ROCE - 34.37 ROE - 27.74 PE / Industry PE - 51.32 / 46.21 Company is fundamentally strong and can accumulate for long term. Disclaimer : This is for education purpose...
Sell in red Zone & Buy in green Zone poll and flag pattern formation I hope so.....
Today will be a crucial day for Adani enterprise. . Reason to buy : 1) Formation of a parallel channel. 2) Holding higher levels. 3) Previous buying pressure can continue. . Calculate your RR ratio and then trade. The best buying level is above 314.85. Can retrace in future and then continue.