STtraderr

Asianpaints, Range bound for so long

STtraderr Updated   
NSE:ASIANPAINT   ASIAN PAINTS LTD
A similar horizontal channel is spotted in Asianpaint
If it won't break the downward line then i will think to buy
else wait for breakdown
In such setups, SL is usually very small
Trade closed: target reached:
Beautiful breakout of channel
sold at 1755 (18 Nov) covered at 1720 (19 nov)
**Personal trade done in futures at respective price levels
Trade closed manually:
Hit Low 1666

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