ASIAN PAINTS | Making Higher Highs | Buy Opportunity (NSE India)
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I'm seeing a buy opportunity here. Use the pullback to get in.
Reason:
- Seen a huge demand at market opening; Market gapped up.
- Sellers tried to push the price down. They couldn't breach the yesterday's low; followed by strong rejection candle means a demand pool is there.
- Making higher highs to the upside; bulls were in full control.
- Weak resistance to the upside.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
I'm seeing a buy opportunity here. Use the pullback to get in.
Reason:
- Seen a huge demand at market opening; Market gapped up.
- Sellers tried to push the price down. They couldn't breach the yesterday's low; followed by strong rejection candle means a demand pool is there.
- Making higher highs to the upside; bulls were in full control.
- Weak resistance to the upside.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.