ASIAN PAINTS LTDLong
Asian paints - turning bullish again
One of my favourite stock turning bullish again.
Stock made an inverse head and shoulder chart pattern and gave a breakout from immediate resistance. Next resistance and target of inverse h&s is same, which is 3175. Short term traders can capture this opportunity. You can keep a small stop loss of candle low that decisively breaks the sloping trend line.
Existing investors like me can increase their positions.
Stock made an inverse head and shoulder chart pattern and gave a breakout from immediate resistance. Next resistance and target of inverse h&s is same, which is 3175. Short term traders can capture this opportunity. You can keep a small stop loss of candle low that decisively breaks the sloping trend line.
Existing investors like me can increase their positions.
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