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Asian Paints Bearish Divergence

Oleh dhavaltrade
Diupdate
Asian Paints is showing bearish divergence on RSI,MFI and MACD and also its breaking down from flag pattern, my observation is one can short with a stop of 1820 on closing basis , there can be a sharp down side for Asian Paints from current levels
Trade aktif
Asian Paints is moving as expected , I would suggest if someone took a trade seeing my analysis move your stoploss to 1800 now and keep riding the trade, there can be substantial downside now
Trading ditutup: stop tercapai
Revised stoploss has been hit
Chart PatternsTechnical Indicators
dhavaltrade
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