Charts for the Day

What's going on with Justdial ? It looks ready to fall.






Dear tpji,

Price still in uptrend, although on weekly its feeling resistance to move upward.
A early indication on strength will be prices closing above 1520 levels and then subsequent follow up by clearing 1550 levels. Resisting action towards 1550 will initiate testing of lower levels again.
 
Hi anilji,

What are your view on Asian Paints? I was following it for a couple of weeks as it looked like it was forming an Ascending triangle on the daily charts. Please help was if i actually found it correctly or not? And what are your views on this stock?
Dear newtrader,

The one you marked is looking like a symmetrical triangle. The ascending triangle i am seeing runs from 16/10/2014 to 13/11/2014.

The consolidation was correctly identified and breakout too followed fiercely.