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Siddharth_23

Asian Paints good Buy opportunity

Long
ASIAN PAINTS LTD (NSE:ASIANPAINT)  
Siddharth_23 Updated   
NSE:ASIANPAINT   ASIAN PAINTS LTD
Trend Analysis Chart Patterns Support and Resistance asianpaints supportbreakout
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trendanalysis chartpattern supportandresistance asianpaints supportbreakout
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
Comment:
Buy @2248
Target 1 2480
Target 2 2630
Target 3 2826
SL @2201
Trade active:
Target 1 Book profit at 2430 (9%)
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