Asian Paints Intraday Bullish for 29th April above 2856
Downward range ended
Bottom 3 rejected at strong support level
About to cross 200 EMA
Strong 2 bullish candles for closing day
Stoch bounced from oversold
Entry-Above 2856
Target- 2876(16 Points)
Stop- 2844(12 Points)
Bottom 3 rejected at strong support level
About to cross 200 EMA
Strong 2 bullish candles for closing day
Stoch bounced from oversold
Entry-Above 2856
Target- 2876(16 Points)
Stop- 2844(12 Points)
Trade stängt: målet nått:
Target achieved exactly at given price in 4 candles(within 60 Min from entry)
From here there is a strong chance for buyers if reversed from FVG formed. Still price is above 20,50 and 200 EMAs.
If any bullish signals there will be chance for price to touch 2883(0.7% from current price. CMP 2863). And also strong chance for big breakout.
From here there is a strong chance for buyers if reversed from FVG formed. Still price is above 20,50 and 200 EMAs.
If any bullish signals there will be chance for price to touch 2883(0.7% from current price. CMP 2863). And also strong chance for big breakout.
Trade stängt: målet nått:
As described in above comments, breakout achieved and 2nd target can be booked
Kommentera:
Today asian paints has formed very good structure. Enter the trade for retracement for bigger profits. AVOID Bearish trades stocks is under consolidation for bigger movements
