ASIANPAINT Closes at `3697.25 with a Gain of +2.0% on 14 May 2012 with formation of a Bullish Engulfing Candle on Daily Price Chart .Technically, ASIANPAINT is looking Strong on Daily Price Charts. Major Momentum Indicators are also Gaining Strength & they are in OverBought Zone.
We Recommend to BUY: ASIANPAINT at CMP
Target : `3773.00S Sto
Stop: Loss :`3661.00
Time Frame: 5-10 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior Chartist at www.niftynext.com , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 begin_of_the_skype_highlighting +91 80171 98633 end_of_the_skype_highlighting Or SMS at +91 880 2230 836/ 8927670565.
Editor’s Note : This Article is written by Vina S Singh, Senior Chartist at www.niftynext.com , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 begin_of_the_skype_highlighting +91 80171 98633 end_of_the_skype_highlighting Or SMS at +91 880 2230 836/ 8927670565.
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