Asian Paints Ltd. ( 20% upside potential )
Sector: Paints
as we can see on HTF M/W structure very bullish...
on daily TF price may take supports @ HTF demand zone n start to make HH & HL pattern...
Indicator such as bollinger band N RSI supportive on DAILY TF...
one can accumulate this script in every dip for ATH high target AND SWING traders may accumulate this for the tgt 3350/3485....
as we can see on HTF M/W structure very bullish...
on daily TF price may take supports @ HTF demand zone n start to make HH & HL pattern...
Indicator such as bollinger band N RSI supportive on DAILY TF...
one can accumulate this script in every dip for ATH high target AND SWING traders may accumulate this for the tgt 3350/3485....
Note
60% of raw material of the compony affected by crude prices so fall in crude prices could b beneficial for it.Note
after taking entry script in consolidation....GOD knows when its consolidation over?
i patiently wait for its consolidation....
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.