ASIAN PAINTS LTDLong
Asian Paints Ltd. ( 20% upside potential )
Updated
Sector: Paints
as we can see on HTF M/W structure very bullish...
on daily TF price may take supports @ HTF demand zone n start to make HH & HL pattern...
Indicator such as bollinger band N RSI supportive on DAILY TF...
one can accumulate this script in every dip for ATH high target AND SWING traders may accumulate this for the tgt 3350/3485....
as we can see on HTF M/W structure very bullish...
on daily TF price may take supports @ HTF demand zone n start to make HH & HL pattern...
Indicator such as bollinger band N RSI supportive on DAILY TF...
one can accumulate this script in every dip for ATH high target AND SWING traders may accumulate this for the tgt 3350/3485....
Note
60% of raw material of the compony affected by crude prices so fall in crude prices could b beneficial for it.Note
after taking entry script in consolidation....GOD knows when its consolidation over?
i patiently wait for its consolidation....
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