#POWRGRID why we should avoid such setup even if it's making new high everytime 👇
3. #powergrid
— Pranay Prasun (@PranayPrasun) April 2, 2022
~Already gave multiyear breakout and doubled too\U0001f525
~Bullish price action but looks like overbought to me as per weekly/monthly chart
~Slope height is getting reduced.Near to top
Verdict : Consolidation expected in near term. pic.twitter.com/VVVA8mzR1F
More from Pranay Prasun
#ASIANPAINT Shared monthly chart for reference 👇
~ Gave sell call near 3300
~ Good to add at below levels
2580 /2200 https://t.co/lRdCEfw7WD
~ Gave sell call near 3300
~ Good to add at below levels
2580 /2200 https://t.co/lRdCEfw7WD
#ASIANPAINTS We all know about this stock but is it really worth to add at CMP?
— Pranay Prasun (@PranayPrasun) February 19, 2022
Reasons are \U0001f447
~Monthly RSI is too high .So we may see breakdown in next few months
~Continuous profit booking at top level.Hence we're near to top in long term chart
Hope it helps u to understand\U0001f60a pic.twitter.com/3ltwZMs3d8