KANSAINER go long ifit crosses 287.50
entry price: 287.55
stop loss: 264.90(risk of 7.88%)
target: 330.80 (reward of 15.74% with risk of 7.88%)
Please invest only if one is capable of taking risk of 7.88% if it falls
I am not a SEBI registered individual , this is my personal trade idea and i am investing in it with proper risk management, please take advise from your financial advisor before investing into it.
KANSAINER
#ASIANPAINT #BERGEPAINT #INDIGOPNTS #KANSAINER #SHALPAINTS #OIL#ASIANPAINT
NSE: ASIANPAINT
CMP: 3112
TP: 3332
SL: 3010
TF: <1m
RR > ~2 times
Return > 7%
BERGEPAINT ASIANPAINT KANSAINER SHALPAINTS NSE:INDIGOPNTS
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia