Asian Paints looks good for a breakout.
One can go long if it closes above the upper trendline.
Remember,trade is valid only if candle closes above trendline.
Keep SL and Target as per your RR.
Always trade after determining your risks and don't forget position sizing.
NSE:ASIANPAINT
I hope you can now see how the ASIANPAINT represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour.
Asian Moving Towards R2 On Daily Time Frame, with support of Monthly Trend line.
Target Based on Daily Pivot: 1608
Please review Chart and any suggestions will be appreciated.
Thanks!
