ASIANPAINTS @ 2940 LEVELS UPDATE
• Since last almost 2 years stock is running in small triangle and recently it's trying to move up from lower band of the triangle.
• Stock has recently posted a low of 2766 which makes it now very important level to watch for its new short to medium term direction.
• As long as stock remains above 2766 spot levels stock is now open for upside minimum 3585 to 4094 & maximum 4505 to 4917 projection in medium to long term.
• Whereas if stock manage to break and closes below 2766 spot levels than we may see more correction in the stock towards minimum 2200 to maximum 1450 to 1100 levels.
• SO UNDERSTAND THE IMPORTANCE OF 2766 SPOT LEVELS SUPPORT HERE & ACT ACCORDINGLY
• Since last almost 2 years stock is running in small triangle and recently it's trying to move up from lower band of the triangle.
• Stock has recently posted a low of 2766 which makes it now very important level to watch for its new short to medium term direction.
• As long as stock remains above 2766 spot levels stock is now open for upside minimum 3585 to 4094 & maximum 4505 to 4917 projection in medium to long term.
• Whereas if stock manage to break and closes below 2766 spot levels than we may see more correction in the stock towards minimum 2200 to maximum 1450 to 1100 levels.
• SO UNDERSTAND THE IMPORTANCE OF 2766 SPOT LEVELS SUPPORT HERE & ACT ACCORDINGLY
Trade like a pro and start getting profit and grow your balance with our accurate Bank Nifty Option Tips and we aim to trade less but trade accurately.
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
