Asian Paints Ltd.
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ASIAN PAINTS

173
A breakout with good volume from a symmetric triangle and also from a rising wedge. Breakout from the rising wedge from the bottom of the wedge in one candle is a positive sign but a small pull back is expected which is where one can accumulate. I suspect it to correct to near 1760.

I also a expect a Golden Crossover soon which will help this stock run upside.
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I was wrong here. I expected it to retest the symmetric triangle but I forgot to see that a breakout out of the wedge would only take a retest at the wedge.

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