ASIANTILES trade ideas
Daily Chart, Upflag Pattern Identified
ASIANTILES , Please find below the following observations on the stock :
Pros
1. Clear Upflag Pattern formed
2. Green Breakout candles with great volumes
3. Bullish Piercing Candlestick Pattern
4. Momentary buy
5. Risk reward Ratio of 1:5
Cons
1. Stock is currently trading below the Anniversary Date
2. 5 DEMA crossover with 13 DEMA is almost 10-12 candles before & not on the breakout candle.
Do paper trading, else invest small amount and try to clear it out in short term
Disclaimer : take decisions based on your analysis, this is just an indication of price pattern based on charts and has no indication of any buy sell call, this is purely an information related post.
ASIAN GRANITO SWING TRADE
Stock has taken multiple supports from its harmonic bat reversal zone at 150 levels
with significant bullish rsi divergence im expecting a trend reversal in the stock
stock has also formed a bullish head and shoulders pattern
trade on confiormatioon
BUY @ 150 LEVELS
SL BELOW 140
TARGET OF 30%
RR : 1:3
NSE:ASIANTILES