ASIANPAINT trade ideas
BUY ASIANPAINTBUY ASIANPAINT
2940-2950
TARGET 3300
STOPLOSS 2750
EDUCAION PURPOSE ONLY (TAKE 1 -2 MONTHS)
ASIANPAINT | Taking major trendline supportASIANPAINT | Taking trendline support - Expecting a bounce
CMP : 2480
SL : 2300
Target keep it open for few months. Can see a good rally as long as it stays above the long time trendline.
Minimum should hold atleast for 1:3 risk reward (3020)
Asian Paints Upcoming break out As i have drawn , it is clear tracing supports and resistances to lines , so we can exapact clear break to upcoming new high.. do follow me for more ideas on other shares like reliance , L&T , et c.. this is just An idea .
asian paint -for 10.06.20211. looking good to buy above, 2950, targets - 2962, 2977. SL-2941
2. looking weak below 2934, targets - 2921, 2906. sl- 2944
3. void if opens big gap up or gap down
Asian paints triangle formationNSE:ASIANPAINT
consolidating inside a triangle.respecting the up trendline and trying to move up.
I will be waiting for a breakout and retest to enter that can give good risk to reward. 15min inside candle breakout also can be an entry if the volume is also supportive. watch daily pivots to book profits if it goes above after retest
