ASIAN 'PAINT' ready to break 'PENNANT' !!!

Actualizado
ASIANPAINT is ready to breakout from a decent consolidation which was
under construction for more than 1 month.

It has formed a pennant pattern after a strong up move and now it seems that
the stock is ready to resume the up trend again.

The rising RSI further confirms the strength of the stock.
Nota
As discussed above ASIANPIANT has given breakout from pennant pattern and now is ready to go for a new high.
imagen
asianpaintsChart PatternsTechnical IndicatorspennantbreakoutRelative Strength Index (RSI)Trend Analysis

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