Asianpaint – Bullish – Entry – 673 – SL -623

[Ganesh]

 

Triangle pattern formed for 50 days with avg volume and breakout with good volume

 

Trade plan

 

Symbol: Asianpaint

 

Direction: Long

 

Entry Level: 673

 

Stop Loss: 623

 

Target: 723

[Balaji]

Dear Sir,

Your analysis on triangle pattern is perfectly correct. Keep posting such analysis for our study

[Johnson]

Dear Ganesh

The triangle formation and your trade plane is correct except the stop loss(loss%) should not be equal /more than the Target (profit %).

Risk : Reward ratio is always be 1:2,or the risk is not worth taking.

 

[Author]

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