When we do analysis for Asian paints below are my Observations
Time Period : jan 2016- may2018
2 bullish pattern is seen as per Dow Theory
1 St Higher Bottom -Higher Top is seen. Buy is above 1030 and sell below 974 .target of 1086. Risk/Reward Ratio 1:1 .Result Target Achieved. I could see the good Volume when it crosses previous top 1030.
2 St Higher Bottom -Higher Top is seen. Buy is above 1168 and sell below 1086 .target of 1228. Risk/Reward Ratio 1:1 .Result Target Achieved. I could see the good Volume when it crosses previous top 1168.
