Keep an eye on Asian paint it is on its very verge of breakout. There is a possibility of one more retracement in nearby time. Sellers fail to bring this stock down multiple times in 1 hr time frame. . Reason to buy:- 1) 2000 is psychology level breaking above which will be a good move. 2) Reduction in seller's strength to pull this stock down (Mentioned in the chart). 3) Bullish Triangle pattern formation. . Best level to buy : 2005.10 Stoploss will be immidiate lower swing i.e 1948.00 . Intraday best posible target 2%
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Asian paints finally broke the trend line entering right now for positional
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Small quantity invested planning on investing one more lot once it touches 2005.10 levels. Acting as expected. Holding on to it for now.