ASIANTILES trade ideas
INVESTMENT PICK : ASIANTILESStock looks bottomed out and about to give Medium Term Buy Breakout. Strong Weekly Close above 210 would be a Buy Breakout. Buy after this Condition is met and Accumulate in Panic/Small Dips and Hold for new High above 600+ LTP 205.4 and Breakout Level 210 SL would be 130 Weekly Closing Basis.
Asian Granito is it right level for investment?Asian Granito has formed a ascending wedge pattern. Ascending wedge is often very powerful pattern and breaking that will have serious effects. Stock found resistance at AB =CD pattern. As stock is already consolidating in the current levels break of this levels next stop is 380. Any ignorance and break out from of all these trendlines and patterns means, we are looking somewhere higher