DineshBeni

Entered asian paints today

Panjang
NSE:ASIANPAINT   ASIAN PAINTS LTD
Bought asian paints towards day end with the target of ATH. Now only upside seems path of least resistance. Entry level 2600 with stoploss 3 to 4%.
let see how it pans out tomorrow.

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Standard disclaimer
I’m not a SEBI registered advisor. I’m also a market learner like everybody else. The analysis given below is based on my own market experience in last few years. I also advise before taking a trade please carry out your own analysis and trade based on your own risk appetite. Trading is all about probabilities and I can be wrong at any time.
I prefer swing trading over intraday trading so most of my analysis is about swing trading only (higher timeframes).
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As a rule of thumb never trade more than 10% capital of your account on a single trade and do not risk more than 2% per trade. This can help you to stay longer in the market. The longer you stay in the market more the chances of making profits.
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