ASIANPAINT trade ideas
Asian paints Darwis breakoutNSE:ASIANPAINT
Stock trading bullish for the few days and noted ATH record
Created Darwis box and now breakout given an opportunity to trade
Resistance breakout with high volume, Good above the entry level and can hold short to medium term as stock noted good results both technical and fundamental wise.
Asian paint above 3000(hourly closing)Price and volume contraction pattern in asinpaint
IF closing given above 3000 then we may see sharp up move
as huge oI at 3000(which is likely to unwind if cross 3000)
Above 3000(hourly close)
target 3090-3160
good support near 2975-2950
Please maintain SL closing basis
Risk 1-3% of your capital(so plan position sizing base on this)
My trading view ideas past accuracy (for traget-1 ) around 71%(Please maintain your SL)