Asian Paints: Turnaround Potential
Asian Paints has been following its Time cycles on weekly chart exceptionally well.
As u can see everytime it enters the time cycle zone (red lines) it forms a low and rallies.
Price and Time confluence - is the most important way to trade markets.
Majority of us are focused only on prices but not on time which is essential for trader to trade profitably in markets and with consistency.
Expecting asian paints to reverse on upside as time is right and prices should follow. Price action above 3030 will confirm that this stock has bottomed out and ready to reverse on upside.
As u can see everytime it enters the time cycle zone (red lines) it forms a low and rallies.
Price and Time confluence - is the most important way to trade markets.
Majority of us are focused only on prices but not on time which is essential for trader to trade profitably in markets and with consistency.
Expecting asian paints to reverse on upside as time is right and prices should follow. Price action above 3030 will confirm that this stock has bottomed out and ready to reverse on upside.
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