rakimsaiyed

Rounding Bottom Pattern In Asian Paints

Long
rakimsaiyed Updated   
NSE:ASIANPAINT   ASIAN PAINTS LTD
Asian paints is currently developing Rounding Bottom Pattern in Daily timeframe. This move could easily take this stock to 1900 levels in this week. This stock may face major resistance around 1900 levels. if it breaks and sustains above 1900 then 2370 would be the short term target. But for this week you may but at 1850 target 1900.
Trade active:
Stop loss intact
Trade closed: stop reached:
sl hit in intraday call
Comment:
For positional trade Buy only above 1900 sl 1760 Target 2100 and 2400 in short term

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