ASIANPAINT - 698405
ASIAN PAINTS has to cross and sustain the level of 1623.15 on both 5min as well as hourly HA Charts for further upmove.
Long position should be considered if AsianPaints is sustaining above 1623.15 on 5mins as well as hourly HA Charts levels for the target of 1640.65 followed by 1653.55, 1670.85, and 1681.05.
Taking short position is advised to consider if price sustaining below 1583.25 on 5min as well as hourly HA Charts for the target of 1564.65 followed by 1550.35, and 1521.25.
Will share the trade idea for all segments (FnO and Cash) in AsianPaints at request only (DM for this).
p.s. – If trading as per shared view then it is recommended to trade as per my given levels only. Kindly do your own research as per your own risk. Please trade as per your comfort and risk. This levels have derived by analyzing Options data and spot price movement.