veevao_suryaj

Asian Paints 1h time frame

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veevao_suryaj Diupdate   
NSE:ASIANPAINT   ASIAN PAINTS LTD
Continuing from my last analysis, since Asian paints has been consolidating inside the triangle and at the same level, there is clear weakness in stock. The MACD and the MA averages shows lower strength in the stock. I am bearish on this one, lets wait for the market to give the conclusion. Wait for a clear breakout and a clear confirmation or rejection.
Trade wisely...
Trading ditutup: target tercapai:
Man wasn't that a real bummer.
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