ASIANPAINT Trade Setup For Tomorrow ( 22nd July)
So Asian Paint share give around 6% move on Tuesday, there is a two reasons behind it.
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1. Asian Paint was in consolidation mode from last so many days so it gave a breakout on Tuesday with the level of 3068.
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2. In the second half, Asain paint declare their good Quarter Results so it gives the more upward momentum to the share.
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So for tomorrow, there is a simple Strategy, Asian Paint share will retraced till .5 level mean till 3106 or 3083
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At the retraced level you should buy for the targets of 3270. .
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Note: Don't buy in the morning maybe after making one green candle stock will retraced, so buy only once it retraced.
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What's your view on this comment below in the box.
.
1. Asian Paint was in consolidation mode from last so many days so it gave a breakout on Tuesday with the level of 3068.
.
2. In the second half, Asain paint declare their good Quarter Results so it gives the more upward momentum to the share.
.
So for tomorrow, there is a simple Strategy, Asian Paint share will retraced till .5 level mean till 3106 or 3083
.
At the retraced level you should buy for the targets of 3270. .
.
Note: Don't buy in the morning maybe after making one green candle stock will retraced, so buy only once it retraced.
.
What's your view on this comment below in the box.
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