Asian Paints - Tuesday Trade - 11th May | Symmetrical Triangle
Stock has formed a symmetrical triangle on higher time frames.
Looks set to come down again to 2500/2490 levels in a session or two.
If BD fails and stock breaks triangle on upper side then can reach 2620 and 2650 levels
P.S. Sell/Buy only when 15 min candle breaks the triangle and closes beyond it.
Looks set to come down again to 2500/2490 levels in a session or two.
If BD fails and stock breaks triangle on upper side then can reach 2620 and 2650 levels
P.S. Sell/Buy only when 15 min candle breaks the triangle and closes beyond it.
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SL hit on this