nirav5

Bullish BAT at the completion of Bearish butterfly

Long
NSE:ASIANPAINT   ASIAN PAINTS LTD
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1
ASIANPAINT hourly chart has been moving in a beautiful harmonic manner. After bearish Butterfly (Blue) it is forming Bullish BAT (Green color).
However another monster Bullish pattern (Orange) can also be seen if 1180 level is broken.
So one can go Long as per the Bullish BAT formation with the SL level slightly below 1180 and target of near 1200.

Comments

Asianpaint zoomed at 1200. Those who have missed wait for some retracement.
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