ASIAN PAINTS - DOUBLE BOTTOM LONG ENTRY - POSITIONAL TRADE

Symbol - ASIANPAINT

Asian Paints is currently trading at 2822

2780 - 2830 is a good support area for Asian Paints.

I'm seeing a trading opportunity on buy side.

Buying Asian Paints Futures at CMP 2822

I will be adding more if 2785 comes & hold with SL of 2760

Targets I'm expecting are 2915 - 3015 - 3140 & beyond.





Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!

Trade active:

CMP 2863
41 rupees in profit.

Trade active:

CMP 2880

58 rupees in profit.

Trade active:

CMP 2910
88 rupees in profit.
very near to first target.

Trade closed: target reached:

CMP 2926
104 rupees in profit.

First target reached. Booking 50% quantity here & rest holding for second target with 2950 SL.

Trade active:

CMP 2992
Heading towards second target.