Long bet on ASIANPAINT.

29 gen

Symbol : ASIANPAINT

Currently Trading at 2948.

Trading at a good support area.

This stock is fundamentally good and currently trading at lower valuations than usual.

Long position can be made at CMP 2948 with SL below 2900 for targets of 3140-3230 & 3500.


P.S. : I've made long positions in Feb futures today & this is not a buy/sell recommendation. I'm just sharing my analysis & my position.

29 gen

Trade attivo

Closed at 2978
30 rupees in profit on closing basis.

My long position is open.

30 gen

Trade attivo

CMP 2995

5 feb

Trade attivo

CMP 2915

Adding more position here and holding with 2880 SL.

6 feb

Trade attivo

CMP 2905

Added more position as risk : reward is very favorable here.

My long position still open. Average buying price now is 2922.

7 feb

Trade attivo

CMP 2954

7 feb

Trade attivo

CMP 2997

2% (almost 60 rupees) in profit.

My Long position still open.

8 feb

Trade attivo

CMP 2930

Holding my long position with 2880 SL.

9 feb

Trade attivo

CMP 2957

Long position still open & SL still protected.
Almost 1% in profit.

It is trading in a narrow range of 50 rupees. Looks like it is getting ready to fire. Expecting 3130-3150 very soon in next week. Let's see!

13 feb

Trade attivo

CMP 2977

Long position still open & SL still protected.

16 feb

Trade attivo

CMP 3032
110 rupees in profit.

Closing my trading position here. My investment position still open.

28 feb

Trade attivo

CMP 2800

Taking long position (trading) in march futures with 2720 SL

will add more if 2750 comes.

1 mar

Trade attivo

CMP 2843

43 rupees or 1.5% in profit.

4 mar

Trade attivo

CMP 2858

57 rupees or 2% in profit.
Long position in march futures active.

5 mar

Trade attivo

CMP 2810

adding more position (2x of previous quantity) here.
Holding with 2790 SL now.

6 mar

Trade attivo

There's a sharp wick around 1:30pm today which took my SL & then recovered immediately. I opened long position again after 10 mins at same level.

CMP 2830

Long position active & holding with today's day low (2777) as SL.

I'm expecting 2920-2950 very soon.

7 mar

Trade attivo

CMP CMP 2885

3% in profit.