sachinnagpal1982

Asian paints - turning bullish again

Long
NSE:ASIANPAINT   ASIAN PAINTS LTD
One of my favourite stock turning bullish again.
Stock made an inverse head and shoulder chart pattern and gave a breakout from immediate resistance. Next resistance and target of inverse h&s is same, which is 3175. Short term traders can capture this opportunity. You can keep a small stop loss of candle low that decisively breaks the sloping trend line.
Existing investors like me can increase their positions.
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