Asian Paint is forming Cup and Handle Pattern on Daily Chart.
Updated
Asian Paint is showing a buy trend because
ADX Indicator is 38.16 (Trended Buy) and showing a buy because it is near DMI+ blue line Indicator.
RSI is 73.34
If it gives breakout again with volume it can go up.
Target 1 - 3400.50
Target 2 - 3621.50
Disclaimer - This is for educational purposes only. I can be 100% wrong. Do your own due diligence before investing.
ADX Indicator is 38.16 (Trended Buy) and showing a buy because it is near DMI+ blue line Indicator.
RSI is 73.34
If it gives breakout again with volume it can go up.
Target 1 - 3400.50
Target 2 - 3621.50
Disclaimer - This is for educational purposes only. I can be 100% wrong. Do your own due diligence before investing.
Note
1st target (3400.50) hit.
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