IIT-Trader

ASIANPAINTS- Support becomes Resistance??

Long
IIT-Trader Updated   
NSE:ASIANPAINT   ASIAN PAINTS LTD
Observations:
------->> Asianpaints is trending upwards strongly.
-------->> Previous Support at 3020-3030 level, If this level acts as resistance price may fall.
-------->> careful at this level before going long from here.
-------->> Recently price breaks an untested supply zone at 2950-2955 range, if this level acts as support and price breaks 3020-3030 range, price will reach next Resistance @3100-3145 range.
Comment:
@3100-3145
Comment:
if failed to create a new high at resistance, look for sell.

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