Market scenario is positive, everyone will buy now but smart money booked their profit. So in order to be successful trader you must need to think and act like a professional trader.
If you liked the concept hit a like and comment your views are appreciable and don't forget to share with your friends and colleagues.
Asian Paints could witness selling pressure in the short term. Presented below is analysis of the stock in multiple time frames.
Pitchfork analysis show that the price has tested the median line in the upward channel in a weekly time frame. A break below that could take the price to lower levels- possibly to 1620-1530 in the short term.
Nifty was shown to be heading into resistance, as expected the Tools have managed to curb the bullish enthusiasm.Now with volatility being introduced last week we will have to accomodate some more pain for the next few days.Macro numbers have started emerging and the rest shall be dished out in the next two days.Can the trend hold on or cave in? Supports around...