Asian Paints exhibits a potential H&S in progress.
1,755 & 1,830 being MOB levels for this pattern to hold good.
Three trades on offer :
(1) Long as near as 1,790 (SL 1,775) for 1,830
(2) Short near 1,830 once the exhaustion appears (SL - As minimum as possible) for 1,770 - 1,760 zone
(3) Long again near 1,760 for 1,830 +
1,755 & 1,830 being MOB levels for this pattern to hold good.
Three trades on offer :
(1) Long as near as 1,790 (SL 1,775) for 1,830
(2) Short near 1,830 once the exhaustion appears (SL - As minimum as possible) for 1,770 - 1,760 zone
(3) Long again near 1,760 for 1,830 +
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