Asian paint has started the impulsive sub-wave ‘iii‘ of wave 5. Price has crossed the high of wave ‘i‘, which is the signal of impulsive behavior of wave 5.
A long position can be initiated after a pullback when price penetrates on wave ‘i‘ to take support. And that cannot be a barrier for long-term investors. They can jump on it.
But if you are a short-term investor or safe trader, you may lose this opportunity due to waiting for a pullback, but this is the only way to manage risk.
But if you want to moderate risk here, you may lose the opportunity due to waiting for a pullback. And if you are a premium member, then you don’t need to worry about it. Asian paint full report is available below.
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