clementemerson

ASIANPAINT Breakout on Daily Chart

Long
NSE:ASIANPAINT   ASIAN PAINTS LTD
ASIAN PAINT
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1. BREAKOUT ON DAILY CHART
2. VOLUME CONFIRMATION
3. BETTER EARNINGS AND DIVIDEND ANNOUNCED

WHERE TO BUY
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AT CURRENT PRICE 50%
ON A RETEST OF SUPPORT 50%

WHERE TO EXIT - PROFIT
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STOCK IS MAKING NEW HIGH
FOR SHORT TERM WE CAN BOOK PROFIT AT 3000
FOR LONG TERM WE CAN HOLD FOR 3300

STOP LOSS
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CLOSE BELOW THE SUPPORT LEVEL ON DAILY CLOSING BASIS

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