After breaking, the resistance of 3170 Asian Paints comfortably traded at 3226.
The chart is self-explanatory.
We can see confirmation of the trend from the following points.
1) Breakout of dynamic resistance line.
2) Fibonacci level support
3) Higher Low after consecutive Lower lows.
Buying Range:3230 to 3170
Stop Loss: 3050
Expected target: 3505, 3800 to 4100.
Happy Trading
The chart is self-explanatory.
We can see confirmation of the trend from the following points.
1) Breakout of dynamic resistance line.
2) Fibonacci level support
3) Higher Low after consecutive Lower lows.
Buying Range:3230 to 3170
Stop Loss: 3050
Expected target: 3505, 3800 to 4100.
Happy Trading
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.