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IIT-Trader

ASIANPAINTS--Near Its Trendline??

ASIAN PAINTS LTD (NSE:ASIANPAINT)  
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NSE:ASIANPAINT   ASIAN PAINTS LTD
Trend Analysis Supply and Demand Support and Resistance asianpaints asianpaintsanalysis asianpaintslong asianpaintsforecast asianpaintsview asianpaintprediction asianpaintview
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trendanalysis supplyanddemand supportandresistance asianpaints asianpaintsanalysis asianpaintslong asianpaintsforecast asianpaintsview asianpaintprediction asianpaintview
Observations::
The stock is trending upwards...
price is taken the support from previous resistance in the zone 3250 and moved up...
now price is near to the trendline...if price breaks this will again test this zone...
If this zone failed to take the price again up...and trendline acts as resistance...will observe a strong fall.
keep track these levels...3250 and 3175-3150 range and final support @3075-3050 range.
Kommentar:
this is also possible....
snapshot
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