ASIAN PAINTS: Trendline Break ... Lower Levels Coming

Asian Paints after rallying from 860 levels has given a major trendline break .... A Break & Close below 1098 levels would give confirmation of Double Top with a target of about 1015 ... Interestingly 20 EMA on Monthly time frame which has acted as strong support for the stock (since 2008) is at 1010 making it a good entry point for investors.