Long

ASIANPAINT NEAR DOUBLE BOTTOM BREAKOUT

Updated

The price taken support near the upward trendline and formed double bottom structure on daily timeframe & now trading near the breakout level if price breakout the level of 2825 and sustain above it than we can see a sharp momentum in the price towards the upside level . The level of 2740 --2700 is an important support level for the price. The RSI also taken support @ 40 level , which showing good momentum in the price for the upside levels.The upper targets will be 2900/2950/3033 towards the upside. Good opportunity to buy stocks for investment point of view.

Note

#ASIANPAINTS Made New High of 2916+✔️

👉🏻2800 -------> 2900

👉🏻1st Target Done @2900✅

👉🏻Good move from the support level

Note

#ASIANPAINTS Made New High of 2962+✔️

👉🏻2800 -------> 2962

👉🏻2nd Target Done @2950✅

Note

#ASIANPAINTS Made New High of 3063+✔️

👉🏻2800 -------> 3063

👉🏻3rd Target Done @3033✅

👉🏻One way Upside Rally as expected 💰

The next upper targets will be 3130/3200+ 👍🎯

Jha_Nidhi

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