SWING IDEA - ASIANPAINT

24 de mai.

2807 Support level seems to be playing well since 3 years now.
MACD also making cross exactly at current support zone.
Stock currently looks good at this point.
Weekly closes above 2807 level should look for a move upward.

28 de mai.

Nota

Positive News:

Asian Paints Arm to Acquire Additional 24% Stake in SCIB Chemicals

12 de jun.

Nota

Stock gave another Fresh Entry at mentioned point.
Gave max of 4.5% profits so far. Setup is still in play. Let's keep it going.

28 de jun.

Nota

Positive News:
The Singapore unit completed the acquisition of a 23.4% stake in Egypt's SCIB
Chemicals for Rs 34 crore and now holds an 85.6% stake in SCIB

4 de jul.

Nota

Positive News:
Asian Paints has completed the proposed investment of around SG$32 million in its Singapore-based wholly-owned subsidiary Asian Paints International, according to a Wednesday filing to the stock exchanges.

8 de jul.

Nota

Positive News:
Sharekhan's research report on Asian Paints - "Buy Asian Paints; target of Rs 3385"

10 de jul.

Nota

News: India's Asian Paints top gainer on Nifty 50 after report of price hikes

13 de jul.

Nota

Hopefully we are going to see some good rally in the coming week with all the Positive News about the stock.

17 de jul.

Nota

Positive News: Asian Paints Exec Says Expect Double-Digit Volume Growth For Q2

20 de jul.

Nota

Positive News: Buy Asian Paints; target of Rs 3305: Geojit Financial Services

20 de jul.

Nota

11 de set.

Trade fechado: objetivo atingido

Trade Completed. Target Achieved.
Total 17% Profits booked.
Time Taken = 16 weeks.

Congrats to those who made good profits with this Trade.
This is how perfectly Price Action can mint you money when done right.

Trade can still be held on based on your Risk Management as the momentum still looks strong and it is possible that the Stock can go further upward.

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Kudos!!