ASIAN PAINTS LONG | CUP & HANDLE + RESISTANCE BREAKOUT
Updated
Disclaimer: I am not SEBI certified and these are my personal views. Please do your research before making any investment decisions.
Bought ASIAN PAINTS at 3100, will add more at 3050
- Completed cup and handle formation
- Downtrend resistance line breakout
- Resistance zone breakout(done) and retest(pending)
- RSI is not overbought
- Trading above 50,100,200 EMA (bullish sign)
Short term target: 3290
Long term target: 3414
Finished Trades (2/2)
JUBLINGREA - Target hit in 4 sessions (check out it in ideas section)
CAPLIPOINT - Target hit in 4 sessions (check out it in ideas section)
Bought ASIAN PAINTS at 3100, will add more at 3050
- Completed cup and handle formation
- Downtrend resistance line breakout
- Resistance zone breakout(done) and retest(pending)
- RSI is not overbought
- Trading above 50,100,200 EMA (bullish sign)
Short term target: 3290
Long term target: 3414
Finished Trades (2/2)
JUBLINGREA - Target hit in 4 sessions (check out it in ideas section)
CAPLIPOINT - Target hit in 4 sessions (check out it in ideas section)
Trade closed: target reached
Congratulations...! Short term target 3290 (6%+) hit even in bearish market.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.