ASIAN PAINTS LTD

ASIAN PAINTS

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Formation of bearish harami candle stick pattern can be seen on daily candle stick pattern but it must open with gap or break 2387 levels with good volumes for another short term down trend. Do not short it if there is a gap up opening watch for price action and then only short it RSI also. There is good amount of call writing at 2400 levels and can be seen as resistance, good support is at 2300 as the PUT options OI indicates good PUT writing at 2300 levels.

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