ASIANPAINT, STRONG CLOSING POST BREAKOUT

ASIANPAINT gave breakout on Friday but it moved conservatively throughout the day but closed with good volume. This can be good candidate for long on Monday above 1620 & 1630 (safe traders).
It can see 1650 levels if this sustains and market has bullish bias on Monday.

Price action trading is a process of using price to analyze stock possible movement. Keep your charts as simple as possible so that you keep focus on most important element on chart "PRICE".
Stop your hunt for holy grail strategies and focus on learning PRICE ACTION TRADING as this is the only process which works for anyone to be long term successful.
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Cheers!
Piyush Gupta

Trade stängt: målet nått:

Made high of 1673. Total 50 points movement from level