Given that current uncertainity in global political conditions and crude volatility, paints whose major ingredient being crude might witness some correction.
Asian paints has been between 3400 and 3150 for the past three months.
If it breaks the above rectangle, can see correction up to 2700.
stl: 3200
tgt: 2700
Disclaimer:
I may or may not have any positions. I may come out any time.
trade at your own risk.
Asian paints has been between 3400 and 3150 for the past three months.
If it breaks the above rectangle, can see correction up to 2700.
stl: 3200
tgt: 2700
Disclaimer:
I may or may not have any positions. I may come out any time.
trade at your own risk.
Comment:
book partial profits