Asian paint looks week : H&S pattern and Target
Head And Shoulder visible clearly. Neckline Break will result in to breakdown and pattern targets are below 2300.
Trade active
2380 neckline broke and made a low of 2315. Currently Retesting the neckline at 2380... will Short again with stop loss of 2450. Target remains the same which is under 2300... Preferably 2250.
Trade closed: target reached
Boom !!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.