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Asian paints forming flag and pole pattern.

ASIAN PAINTS LTD (NSE:ASIANPAINT)  
Mambotrade  
NSE:ASIANPAINT   ASIAN PAINTS LTD
Flag Candlestick Analysis Support and Resistance asianpaints ASIANPAINT asianpaintsanalysis NIFTY BANKNIFTY asianpaintsforecast asianpaintsshort asianpaintslong asianpaintsview
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flagpattern candlestick supportandresistance asianpaints asianpaint asianpaintsanalysis nifty banknifty asianpaintsforecast asianpaintsshort asianpaintslong asianpaintsview
Asian paints has been consolidating in a parallel channel.

The stock has formed a bearish flag and pole pattern on daily time frame.

The volumes are getting low.

Support:- 2830, 2743
Resistance :- 2920, 2970

The stock if breaks down can give a nice targets.

The stock will be good for a bearish trade and watch for the price action near the levels before entering a trade in the stock

Idee correlate

Mambotrade
Banknifty view for 06/05/22.
Mambotrade
Nifty view for 06/05/22
Mambotrade
Asian paints forming flag and pole pattern.
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