Free Stock market / Nifty intraday tips

Who will start short selling on Asian Paints?

On the “Asian Paints”, we have seen buyers and spike up but now this stock is trading at “EXCESS”. The excess area is high probability to act buy or sell. In this case, this stock is created an excess at value high which means we can start selling. Another sign and a good thing for selling is TAIL found on the top.

  • The price is trading at Value high.
  • Created TAIL on the top of the channel area.
  • Already seen buyers as FII, Smart Money, Fund-Managers etc. whatever you call them.

Conclusion: We are going to see PROFIT booking on this stock.

Previous ArticleNext Article
Moneymunch's editors' staff. They have been writing/working on the financial markets for over two decades, having previously worked with popular financial blogs and newspapers.

2 Comments

  1. asian paint will continue its upward breakout to the target of 1640 and more before correction. I have my chart, i couldnot copy paste as your systerm is not allowing me to do.

Write a Comment

Comment Policy: We love comments and appreciate the time that readers spend to share ideas and give feedback. However, all comments are manually moderated and those deemed to be spam or solely promotional will be deleted. Your email address will not be published. Required fields are marked *

Send this to a friend