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Novicetrader2015

Asian Paints - Tuesday Trade - 11th May | Symmetrical Triangle

Short
ASIAN PAINTS LTD (NSE:ASIANPAINT)  
Novicetrader2015 Updated   
NSE:ASIANPAINT   ASIAN PAINTS LTD
Support and Resistance Triangle ASIANPAINT intraday shortsetup Symmetrical Triangle
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supportandresistance triangle asianpaint intraday shortsetup symmetricaltriangle
Stock has formed a symmetrical triangle on higher time frames.
Looks set to come down again to 2500/2490 levels in a session or two.

If BD fails and stock breaks triangle on upper side then can reach 2620 and 2650 levels

P.S. Sell/Buy only when 15 min candle breaks the triangle and closes beyond it.
Trade closed: stop reached:
SL hit on this
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