Asian Paints Bearish Divergence

2019年11月1日

Asian Paints is showing bearish divergence on RSI,MFI and MACD and also its breaking down from flag pattern, my observation is one can short with a stop of 1820 on closing basis , there can be a sharp down side for Asian Paints from current levels

2019年11月1日

交易進行

Asian Paints is moving as expected , I would suggest if someone took a trade seeing my analysis move your stoploss to 1800 now and keep riding the trade, there can be substantial downside now

2019年11月7日

交易結束：達到停損點

Revised stoploss has been hit