ASIAN PAINTS LTDViés de alta
Falling Wedge Pattern on Asian Paints
After the Earnings Shoot-up, Asian paints has retracted a bit to its 0.5Fib levels forming a Double Bottom and a Falling wedge.
Asian Paints has an ideal condition where it never believes in having a proper breakout(*sarcasm*), so in the upcoming week if the bull run starts , a gap can be seen on Asian Paints at the starting of the day which can ideally be verified as a breakout but it will try to retest it 3097 which can be a good entry point as well.
Markets are a bit volatile these days for enter only if you see a proper breakout or a retest.
3127 and 3165 are good target levels. Keep Stop loss in place as well.
Asian Paints has an ideal condition where it never believes in having a proper breakout(*sarcasm*), so in the upcoming week if the bull run starts , a gap can be seen on Asian Paints at the starting of the day which can ideally be verified as a breakout but it will try to retest it 3097 which can be a good entry point as well.
Markets are a bit volatile these days for enter only if you see a proper breakout or a retest.
3127 and 3165 are good target levels. Keep Stop loss in place as well.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.