ON daily timeframe it has closed below 10DMA and with rsi falling, it is good candidate for short. Take trade as per levels given on chart
falling from 22-06-21.. below 1616 entered bearish zone.. no support below 1595 till 1491..
Asian Paint in down trend (from 1800 to 1500) . It has resistance near 1630-1650. On 4 hourly chart last candle is doji and Rsi decreasing. So might be a short trade on Tuesday ie. 26/05/2020 if opens above 1625 or 1630 for good 30-40 points.
Daily chart shows above 10 Sma it can start upmove. It has been range bound for many days. So upward move is possible.
Looks weak below 785. All indicators are showing bearish movement. Levels mentioned on chart.
Asian paints is holding to 1400 zone since last few days. Near expiry breakout is possible which will lead to levels mentioned on chart.
Hindalco has broken crucial support zone of 212-210. Considering negative trend in metal, it should slide further. If it takes support of 212.50-213 then again it can go up to 220 levels. Levels mentioned on chart. Happy Trading.