Pray for Asian Paints taking support in the middle and bouncing back above the Right shoulder else the target of 2550 is open now.
This breakdown has come below 200 DMA

More from The_Chartist 📈

Tata Elxsi (W) - near to the resistance zone again 5th time. @nishkumar1977 @suru27 @rohanshah619 @indian_stockss @sanstocktrader @BissaGauravB @RajarshitaS @PAVLeader @Rishikesh_ADX @VijayThk @Investor_Mohit @TrendTrader85 @jitendra_stock pic.twitter.com/aIC5kO8XqA
— Steve Nison (@nison_steve) December 18, 2020
Explained you same concept with Elxsi. The real test of a strong Breakout is that the big hand will not give you another chance to buy the share at the breakout level. They will absorb all the selling of weak hands. I mean "STRONG breakout". https://t.co/7fxFqGQl3p

Tata Elxsi ---
— Steve Nison (@nison_steve) June 30, 2021
In the last 10 minutes, all the selling was absorbed despite intraday positions being squared off (if not converted). will wait for the EOD data. However, the chart structure is extremely strong. https://t.co/pci7GCDBEO pic.twitter.com/1NBD9V3mKc
More from Asianpaints
~ Gave sell call near 3300
~ Good to add at below levels
2580 /2200 https://t.co/lRdCEfw7WD

#ASIANPAINTS We all know about this stock but is it really worth to add at CMP?
— Pranay Prasun (@PranayPrasun) February 19, 2022
Reasons are \U0001f447
~Monthly RSI is too high .So we may see breakdown in next few months
~Continuous profit booking at top level.Hence we're near to top in long term chart
Hope it helps u to understand\U0001f60a pic.twitter.com/3ltwZMs3d8