Ascending Triangle in Asian Paint.

25 ביולי 2023

ASIANPAINT

The Stock has been consolidating for almost 2.5 years and it has formed a ascending triangle formation which can trigger a breakout and start a trend continuation and take the price to new highs.

The Targets are projected on the basis of fib-extensions.
All important levels and logic is explained on chart.

I hope you found this helpful.
Please like and comment.

Keep Learning,
Happy Trading!