ASIAN PAINTS BULLISH FLAG BREAK OUT

ASIAN PAINTS STOCK IS MAKING NEW DAILY HIGHS, WHICH SUGGESTS MOMENTUM IN THE STOCK IS ON THE UP SIDE. LOWER TIME FRAME OF H-4 & H-1 HAS FORMED BULLISH FLAG PATTERN, WHICH GOT BREAK OUT EARLIER IN TODAY'S TRADING. WHICH CONFIRMS DAILY BULLISH MOMENTUM AND GAVE US SIGNAL TO GO LONG.

REASON FOR LONG: BULLISH FLAG PATTERN BREAK OUT ON H-1.
ENTRY : INR 1871
STOP: INR 1830
TARGET: 1990