Double Bottom in ASIANPAINTS

There is a formation of double bottom in ASIANPAINTS and hence if this week close above 1465 , we can expect it to reach the target provided in the chart

DISCLAIMER : All the articles posted are for analysis purpose only , any trade taken shall be under your own analysis and risk
Trade active
Comment: Hope will reach target by tomorrow ...
Trade closed manually: The trade was holded to reach precise target 1630 (it went upto 1620) .... unfortunately ..there was a big fall from there ... need to work out more conservative target in the future ..

Since the fall is big ... it is better to close the trade and book the profit .


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