As Crude price going down ,
ASIANPAINT
creates opportunity for upside with target 3438 and 3598 as T1 and T2 respectively.
BUY : Although traders can buy if the price comes at 3200-3150 level and respects it then it will create further
momentum for upside with great volume and SL would be in the rage of 3040-3045.
SELL : Sell opportunity only creates when price test at the level of 3400-3350 and won't sustain then with help of
small risk you can make a good reward.
NOTE : Remember as long as it above 3000 it is bullish after crossing below of 3000 the trend of downside will continue .
ASIANPAINT
creates opportunity for upside with target 3438 and 3598 as T1 and T2 respectively. BUY : Although traders can buy if the price comes at 3200-3150 level and respects it then it will create further
momentum for upside with great volume and SL would be in the rage of 3040-3045.
SELL : Sell opportunity only creates when price test at the level of 3400-3350 and won't sustain then with help of
small risk you can make a good reward.
NOTE : Remember as long as it above 3000 it is bullish after crossing below of 3000 the trend of downside will continue .
Trade ativo:
Target 1 : 3436 achieved
