chartisttrader1

ASIANPAINT Trade Opportunity

Long
NSE:ASIANPAINT   ASIAN PAINTS LTD
As of 23 February ASIANPAINT closed at 3237. If you look at the chart the stock is trading above the TRENDLINE. There is small RESISTANCE area between the price of 3262-3282.If it consolidate between the TRENDLINE and the RESISTANCE area for next 2-3 days then after that it can give a UP side momentum.

NOTE-
ENTRY-3190-3264
STOPLOSS- 2980
1st TARGET- 3470 (8%)
2nd TARGET- 3800(16%)

DISCLAMIER-
THIS IS JUST FOR EDUCATIONAL PURPOSE,DO CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.

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