YashJain_44

short asian paints

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NSE:ASIANPAINT   ASIAN PAINTS LTD
After giving a good upside now we can see loss of momentum in asian paints. On breach of the trendline (at around 1500) on 1hr chart we can look to short the stock with target of 1477-1460. On breach of 1460 we can see further bearishness in the stock which will lead the pirce to 1435--1400. View is violated if this stock closes above all time high of 1538.
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