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rakimsaiyed
Apr 27, 2020 6:42 PM

Rounding Bottom Pattern In Asian Paints  Long

ASIAN PAINTS LTDNSE

Description

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
Comments
muramnagarjunareddy
rounding bottom occurs after downtrend
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