Go Long as near as 515 - 520 (SL - 513) or above 538 (SL - 530)
TGT: 560 - 565 - 575
Any weakness around any of the above mentioned upper levels will pave way for going short for TGTs of 505-502 levels.
Asian Paints exhibits a potential H&S in progress.
1,755 & 1,830 being MOB levels for this pattern to hold good.
Three trades on offer :
(1) Long as near as 1,790 (SL 1,775) for 1,830
(2) Short near 1,830 once the exhaustion appears (SL - As minimum as possible) for 1,770 - 1,760 zone
(3) Long again near 1,760 for 1,830 +
Two Harmonic Patterns (HP) are having a confluence. MOB level being 709 and 734.
Price action at around theses level would be the deciding factor.
A contra trade with the least SL with SAR (Stop and reverse) strategy might work, especially at around 709 level.
Having said that, it's a potential Short candidate on every upside spike till 733-735.