Asian Paint 15 Min Chart with Two Trendlines, High Probability Of Breaking on 4th May 2021 on Bullish Side
OR
Pullback from Trendlines also can Happen.
I Hope It Will Help u.
Asian Paints ready for scalping for some points. Buy above the horizontal line with a target of trend line. Keep the trend line in focus as if it crosses the tren dline it move more further up.
All key levels are mentioned in chart
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Berger Paints
1 hr chart
Inverted HNS
Crossed 200 ma which was acting resistance several times
Buy wsl candle closing below 200 ma or 725
Daily chart
Double bottom
Tested demand zone 19 Mar 21
Breakout from a resistance
Asian paint is now approaching nice and solid support levels. Keep and eye on XABCD with 1.618 FIB and XABCD with 0.886 FIB
Any investment buy from CMP till 2000 is a solid buy with SL as 1975
For F&O Long positions, we will wait until it formes some sort of Reversal patterns of break downtrend line and then we will have swing low established and we can inititate...
