Asian Paints- Tgt1, Tgt2, and Tgt3
Asian paints is in an upper trend and currently in a small retracement on the back of the low volume. It has two possibilities -either move up or move down. I have a strong feeling, it won't go further down from here as:
a) It is in an established uptrend,
b) It is moving in a trend channel.
c) Currently it's taken support at weekly CPR and POC.
I am hopeful that it will meet tgt1 within the next 3-4 trading sessions.
Please note that I am a charting student and this analysis is just for my learning and educational purposes and for my seniors to comment.
a) It is in an established uptrend,
b) It is moving in a trend channel.
c) Currently it's taken support at weekly CPR and POC.
I am hopeful that it will meet tgt1 within the next 3-4 trading sessions.
Please note that I am a charting student and this analysis is just for my learning and educational purposes and for my seniors to comment.
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.