Asian Paints chart indicates good Support and Resistance Concepts of Technical Analysis and the W Pattern, also known as the Double Bottom Pattern.
#asianpaints #wpattern #doublebottom #nifty
Asian Paints is in a consolidation since 2 years.
Pattern formation : Symmetric Triangle.
Stock has corrected almost 25% from its highs.
Support Area is coming around 2850-2900
Targets are coming around 4750-4800
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Stock Analysis For Tuesday's Watchlist..
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After Receiving lots of request i have made this video
People who are witnessing some loss in this stock have made numbers of email to me asking what to do
I made small efforts in Explaining what I know
Rest trade with your own methods
Good luck
Disclaimer: I am not a SEBI registered advisor so trade on your risk
but i have a good experience in the stock market for the last 17 year so i am just sharing my experience with you all
investment in the stock market is subject to market risk
