ASIAN PAINTS NEXT TARGET IN DAILY. ANY ONE NEED PARTICULAR SCRIPT IDEAS LET ME KNOW IN THE COMMENT SECTION AND I WILL PROVIDE NEXT MOVE.
I have been studying stocks for the past couple of months (6 months) to be precise, and have been learning different types of chart techniques. Have been looking at the Asian Paints stock for study purposes and this is something that caught my eye. If we consider the uptrend that the stock has been doing and, look at the short term downtrend, can this be...
""This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will"". Stock Has Recently Breakout From It's Long Term Range And Chances Are, We Can See Follow Through. Stock can Correct Till "Main Support" Or May Reverse From Short Term Support. Short Term Support - (1950) Main Support - (1880) Target - (2200) .
Asian paint after giving us a sell signal near 1675 with a fall of nearly 257 points is now looking for a short covering and looks good to buy above 1580 for minimum 4-5% move as 1620 will act as a strong resistance zone.
We have got 11 points profit on berger and its over!
Berger Paint did a simple traingle breakout and its a positional cum intraday trade! Positional Buy is above 532.5 with SL 513.5 and targets upto 540 and 555 for positional. Intraday buy above 528.5 with strict sl 523.5 with targets 532.5 and 538.5
Sell below 1765 for 1760,1750,1740
Hare Krishna! Sharing for educational purpose to learners. As per my idea of selling Asian Paint in the below linked ideas. Took the position on 12 Sep. Example of Professional Trading involving patience and precision. Losses will come but profits will outshine them in the long run. Good Luck
Cmp: 1360 Buying Zone: 1340-1360 Targets: 1400-1450-1500 Potential Returns: 10% NSE:ASIANPAINT