ASIAN PAINTS LTDLong
ASIANPAINT: Triangle BUY Only@ 1105, SL 1080 TGT 1176 (2Months)
Updated
ASIANPAINT: is in triangle pattern. Buy at 1105 with SL of 1080 and Target of 1176 with Timeframe of around 2 Months.
NO FNO Trades. Take it in cash as per calculated SL value.
Today ASIANPAINT traded 1.63 times its average volume with only 4.68% of OI built up which suggests that the down-trend in this stock is fading out. Next Possible support is at 1105 with Nearest Weekly Target of 1176 and SL of Start of Triangle Pattern which is at 1080.
NO FNO Trades. Take it in cash as per calculated SL value.
Today ASIANPAINT traded 1.63 times its average volume with only 4.68% of OI built up which suggests that the down-trend in this stock is fading out. Next Possible support is at 1105 with Nearest Weekly Target of 1176 and SL of Start of Triangle Pattern which is at 1080.
Trade active
Todays Low 1090. And SL was at 1080. Trade is active.Note
ASIANPAINT Bounced Back Todays high 1142.45
Note
Todays High is at 1150Note
Todays HIGH at 1147.Its in bull run of its own
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.