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SANJAYPATIDAR_
Jul 25, 2023 3:35 AM

Ascending Triangle in Asian Paint. Long

ASIAN PAINTS LTDNSE

Description

NSE:ASIANPAINT

The Stock has been consolidating for almost 2.5 years and it has formed a ascending triangle formation which can trigger a breakout and start a trend continuation and take the price to new highs.

The Targets are projected on the basis of fib-extensions.
All important levels and logic is explained on chart.

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Comments
amitacharya2812
9 turns to 6 in Asian Paints 🎨
SANJAYPATIDAR_
@amitacharya2812, Didn't get it sir ?
parveenballyan
should we hold or more correction can be there ?
SANJAYPATIDAR_
@parveenballyan,
You can hold with a stop below this trendline as the mentioned entry has not triggered and it corrected.
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