After breaking, the resistance of 3170 Asian Paints comfortably traded at 3226.
The chart is self-explanatory.
We can see confirmation of the trend from the following points.
1) Breakout of dynamic resistance line.
2) Fibonacci level support
3) Higher Low after consecutive Lower lows.
Buying Range:3230 to 3170
Stop Loss: 3050
Expected target: 3505, 3800 to 4100.
Happy Trading
The chart is self-explanatory.
We can see confirmation of the trend from the following points.
1) Breakout of dynamic resistance line.
2) Fibonacci level support
3) Higher Low after consecutive Lower lows.
Buying Range:3230 to 3170
Stop Loss: 3050
Expected target: 3505, 3800 to 4100.
Happy Trading
