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Satonomics

6R Opportunity; Buy Zone Marked on Chart

Long
ASIAN PAINTS LTD (NSE:ASIANPAINT)  
Satonomics  
NSE:ASIANPAINT   ASIAN PAINTS LTD
Chart Patterns Technical Indicators nse BSE NIFTY sensex asianpaints Technical Analysis rsi_divergence Falling Wedge Trend Line Break
3
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chartpattern indicator nse bse nifty sensex asianpaints technicalanalysis rsi_divergence fallingwedge trendlinebreak
- Break of Down Trendline (forming a falling wedge in the end) indicating that Selling pressure has subsided.
- RSI showing Double Bullish Divergence is another indication.
- The last gap down opening was filled by a close above it.
- A Retrace to the marked Buy Zone is a buy.
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