Asian Paints 1D TF.
Flag Pattern Formed
Black Line represents RSI Divergence.
Analysis:
Case -1:(In Grey Line)
If it breaks Flag upward we can see huge upward Movement.
Case-2:(In Red-Grey Lines)
From CMP it may Fall till 1725.15 and taking support it can reach 1804.3.
Case-3:(In Orange Line)
From CMP We can see huge Down Fall if it breaks Flag-Pattern.
Black Line represents RSI Divergence.
Analysis:
Case -1:(In Grey Line)
If it breaks Flag upward we can see huge upward Movement.
Case-2:(In Red-Grey Lines)
From CMP it may Fall till 1725.15 and taking support it can reach 1804.3.
Case-3:(In Orange Line)
From CMP We can see huge Down Fall if it breaks Flag-Pattern.
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