NeeteshJain
Short

Asian Paints - TREND CHANGE

NSE_EOD:ASIANPAINT   ASIAN PAINTS LTD INR1
32 0 7
Key points that I noted on weekly chart,

1. Lower Lows and Lower Highs
2. Bearish Pattern
3. Bearish Divergence on RSI
4. Bearish Harami Candlestick pattern

It denotes and confirms a trend change signal and I would be very cautious in investing in it. I assume large institutes have started selling this stock.
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