At a strong support, can be accumulated with SL 175 for the target of 310.
Enter Long ... Rounding Bottom BO
ASIAN TILES LOOK GOOD FOR LONG POSITION TRGET UP TO 260-280 WITH SL OF 140 TIME FRAME 3 MONTH
Good weekly close 201 might come soon...
NSE:ASIANTILES You can also wait for 10 EMA to cross 200 EMA
Target Stop loss marked on chart . RSI divergence. Favorable Risk to Reward Ratio. Stop Loss based on Weekly Closing.
Once it crosses 300 then go for 310 and if this breaks 310 with volume and holds there than 20 % minimum upside can be seen. short term trend positive hold with stop loss.
RETEST SEEMS COMPLETE, NOW READY FOR A FRESH UPMOVE 35 %
RETEST SEEMS COMPLETE, NOW READY FOR A FRESH UPMOVE 35 %
Reversal seen at previous resistance. WRB with good volume. Immediate resistance 288. Crossing it can see 310 / 370 /440
stock broke 52 week high on high l=volumes. A nice VCP.
after long time crossing its 3 year resistance level. over weekly 100 & 2000 ema. bullish h&s breakout on weekly and daily chart. upside scope 75%. downside SL 14%
Stage 2 Breakout of ASIANTILES: 1. 30WEMA MA: Price above rising 30WEMA. 2. RS: Relative Strength line above zero line. Relative Strength line above it's own 52W MA line. 3. Breakout: Supply Zone breakout with Big Volume support.
Buy ASIANTILES only above 225 with Stop-loss at 202 for first target of260. Idea is for 17th July 2020 onwards and I will update it if it is triggered or in case it is no longer valid.