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Asian Paints W Pattern

Long
ASIAN PAINTS LTD (NSE:ASIANPAINT)  
vt_trader Updated   
NSE:ASIANPAINT   ASIAN PAINTS LTD
Trend Analysis Harmonic Patterns Chart Patterns asianpaints wpattern Double Bottom breakout niftytrend BANKNIFTY swingtrading HDFCBANK bergerpaints
19
2
trendanalysis harmonicpatterns chartpattern asianpaints wpattern doublebottom breakout niftytrend banknifty swingtrading hdfcbank bergerpaints
Asian Paints has formed W pattern on daily chart. We can take a swing trade here.

Entry:
We can go long after close of strong bullish candle near neckline of W pattern.

Target:
We can keep Target1, Target2 near the next resistance zones as marked on chart.

Stoploss:
We can keep stoploss below the neckline of W pattern.

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Trade closed: target reached:
Target 2 achieved.
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