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ASIANPAINT Intraday Tips For 18 Jan 2019

Last update on 17 Jan 2019
ASIANPAINT CMP-1389.6 currently in down side in intraday. It is likely to test support 1382.80 / 1375.95 / 1368.10. If it breaks above 1390.65 with volume then it may test upperside resistance, such as 1397.50 / 1405.35 / 1412.20.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 1412.20
R3 1405.35
R2 1397.50
R1 1394.10
PP 1390.65
S1 1386.70
S2 1382.80
S3 1375.95
S4 1368.10
Last Day High 1398.5
Last Day Low 1383.8
Last Day Close 1389.6
Close down side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)