Asian paints Long. Looks like it has bottomed out near 2707. That is a very good support area for long term. If it breaks below that then it will be bearish for a while. Lets see how it goes from now.
Note
Took the support from the down channel. I am still bullish on Asian paints.Note
There is a big resistance near 3040 so partially booking profits here. I will re long if it closes above the resistance. If any of you followed me take your decision wisely. All the best!Note
Resistance was cut through like a butter yesterdays candle looks very stong planning to re enter again Fingers crossed!Trade closed: target reached
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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.