Asianpaints with a bearish candle at the top of the Channel

13 ต.ค. 2020

After reaching the target comfortably, profit was booked. Now it has shown a nice rejection candle at the upper end of the channel.
If it opens/crosses < 2054, it'll be an opportunity to sell it for a swing trade.
Rejection candle is identified by the long wick on the upside. Bulls tried to push the price above the resistance but bears won ultimately.
Also I'm expecting the market to be negative tomorrow.
Tgt: 1950 (Safe players can exit @ 2000)
SL: 2042

16 ต.ค. 2020

การซื้อขายยังคงดำเนินอยู่

Another rejection candle on 15 Oct at the upper end of the channel gives confidence.

20 ต.ค. 2020

ปิดการเทรด ด้วยตนเอง

Didn't move like I thought it would. Also today's last 1 hour candle OI was very high, meaning it can give a break out tomorrow on 21 Oct.