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Long bet on ASIANPAINT.
ASIAN PAINTS LTD
Long
Long bet on ASIANPAINT.
By akshit_official
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Updated
Mar 7
3
6
5
5
Jan 29
Symbol : ASIANPAINT
Currently Trading at 2948.
Trading at a good support area.
This stock is fundamentally good and currently trading at lower valuations than usual.
Long position can be made at CMP 2948 with SL below 2900 for targets of 3140-3230 & 3500.
P.S. : I've made long positions in Feb futures today & this is not a buy/sell recommendation. I'm just sharing my analysis & my position.
Jan 29
Trade active
Closed at 2978
30 rupees in profit on closing basis.
My long position is open.
Jan 30
Trade active
CMP 2995
Feb 5
Trade active
CMP 2915
Adding more position here and holding with 2880 SL.
Feb 6
Trade active
CMP 2905
Added more position as risk : reward is very favorable here.
My long position still open. Average buying price now is 2922.
Feb 7
Trade active
CMP 2954
Feb 7
Trade active
CMP 2997
2% (almost 60 rupees) in profit.
My Long position still open.
Feb 8
Trade active
CMP 2930
Holding my long position with 2880 SL.
Feb 9
Trade active
CMP 2957
Long position still open & SL still protected.
Almost 1% in profit.
It is trading in a narrow range of 50 rupees. Looks like it is getting ready to fire. Expecting 3130-3150 very soon in next week. Let's see!
Feb 13
Trade active
CMP 2977
Long position still open & SL still protected.
Feb 16
Trade active
CMP 3032
110 rupees in profit.
Closing my trading position here. My investment position still open.
Feb 28
Trade active
CMP 2800
Taking long position (trading) in march futures with 2720 SL
will add more if 2750 comes.
Mar 1
Trade active
CMP 2843
43 rupees or 1.5% in profit.
Mar 4
Trade active
CMP 2858
57 rupees or 2% in profit.
Long position in march futures active.
Mar 5
Trade active
CMP 2810
adding more position (2x of previous quantity) here.
Holding with 2790 SL now.
Mar 6
Trade active
There's a sharp wick around 1:30pm today which took my SL & then recovered immediately. I opened long position again after 10 mins at same level.
CMP 2830
Long position active & holding with today's day low (2777) as SL.
I'm expecting 2920-2950 very soon.
Mar 7
Trade active
CMP CMP 2885
3% in profit.
asianpaints
longsetup
longtrade
Supply and Demand
Support and Resistance
supportzones
swingtrade
Value
akshit_official
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