ASIANPAINT TREND ANALYSIS – 27 MARCH 2019

ASAINPAINT STOCK WAS TRAVELLING IN A BULLISH TREND FROM LONG DURATION, RECENTLY IT REACHED TO THE TOP LEVEL NEAR TO ITS RESISTANCE AREA, INITIALLY IT WAS A GOOD STRENGTH WITH ITS EXISTING BULLISH TREND BUT NOW IT IS LOOSING ITS MOMENTUM, CURRENTLY IT IS TRAVELLING BELOW THE RESISTANCE LEVEL. IF ANY SUCCESS FULL BREAK -OUT HAPPENED THAN POSSIBILITY TO CONTINUE ITS CURRENT TREND, OTHERWISE IF SUSTAIN BELOW THE LEVEL CHANCES TO GET A BEARISH TREND. NOW LETS SEE THE IMPACT OF MARKET IN COMING SESSIONS.