As per the Analysis, Asian Pains made double top and hit dynamic resistance of trend line.
This indicates the market reversal pattern. So down trend expected already distribution happening while checking lower time frame.
So this expected downtrend possibly. target will be 1437.00
If downtrend failed and break out done above 1550 this his as per Fib level 1678.. (But changes are low.)
This indicates the market reversal pattern. So down trend expected already distribution happening while checking lower time frame.
So this expected downtrend possibly. target will be 1437.00
If downtrend failed and break out done above 1550 this his as per Fib level 1678.. (But changes are low.)