ASIAN PAINTS LTDPanjang
Asian Paints: Breakout trading
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Keep an eye on Asian paint it is on its very verge of breakout. There is a possibility of one more retracement in nearby time. Sellers fail to bring this stock down multiple times in 1 hr time frame.
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Reason to buy:-
1) 2000 is psychology level breaking above which will be a good move.
2) Reduction in seller's strength to pull this stock down (Mentioned in the chart).
3) Bullish Triangle pattern formation.
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Best level to buy : 2005.10
Stoploss will be immidiate lower swing i.e 1948.00
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Intraday best posible target 2%
.
Reason to buy:-
1) 2000 is psychology level breaking above which will be a good move.
2) Reduction in seller's strength to pull this stock down (Mentioned in the chart).
3) Bullish Triangle pattern formation.
.
Best level to buy : 2005.10
Stoploss will be immidiate lower swing i.e 1948.00
.
Intraday best posible target 2%
Nota
Asian paints finally broke the trend line entering right now for positionalDagangan aktif
Small quantity invested planning on investing one more lot once it touches 2005.10 levels. Acting as expected. Holding on to it for now.Dagangan aktif
Moving As expectedDagangan ditutup: sasaran tercapai
Penerbitan berkaitan
Penafian
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