Get started
ASIAN PAINTS LTD
Long

Asian Paints good Buy opportunity

By Siddharth_23
Updated
One can consider buying this as it is on its crucial support. On 1st december it has given the breakout and now after 3 months it is again on the same level. Basically it is retesting after breakout. Further one can wait for the trendline breakout and then go long. Otherwise buy at support level 2248 and 48 pts below is the stop loss. Targets are mentioned in the charts.
Trade active
Note
Buy @2248
Target 1 2480
Target 2 2630
Target 3 2826
SL @2201
Trade active
Target 1 Book profit at 2430 (9%)
asianpaintsChart PatternsSupport and ResistancesupportbreakoutTrend Analysis
Siddharth_23
Also on:

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.