ASIAN PAINTS LTDשורט
Asianpaints with a bearish candle at the top of the Channel
מעודכן
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
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
עסקה פעילה
Another rejection candle on 15 Oct at the upper end of the channel gives confidence.העסקה בוטלה באופן ידני
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.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.