ASIAN PAINTS LTD
Long
Updated

AsianP: Worth Noticing

358
May breakout for the specified targets
Note
snapshot
Currently in resistance zone. We can look for two setups shown on the chart.
Trade closed: target reached
Der aye darust aye
Scenario 2 on the çhart worked.
Target 1 is hit today.

Partial profit taken at first target.
Notice even after taking trade on pullback on Friday, it was giving a loss of few points. But if risk is manageable one has to believe in one's analysis.
For partial position it's better to trail for higher targets.
All the best.

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