SWING IDEA - ASIANPAINT

2024年5月24日

2807 Support level seems to be playing well since 3 years now.
MACD also making cross exactly at current support zone.
Stock currently looks good at this point.
Weekly closes above 2807 level should look for a move upward.

2024年5月28日

註釋

Positive News:

Asian Paints Arm to Acquire Additional 24% Stake in SCIB Chemicals

2024年6月12日

註釋

Stock gave another Fresh Entry at mentioned point.
Gave max of 4.5% profits so far. Setup is still in play. Let's keep it going.

2024年6月28日

註釋

Positive News:
The Singapore unit completed the acquisition of a 23.4% stake in Egypt's SCIB
Chemicals for Rs 34 crore and now holds an 85.6% stake in SCIB

2024年7月4日

註釋

Positive News:
Asian Paints has completed the proposed investment of around SG$32 million in its Singapore-based wholly-owned subsidiary Asian Paints International, according to a Wednesday filing to the stock exchanges.

2024年7月8日

註釋

Positive News:
Sharekhan's research report on Asian Paints - "Buy Asian Paints; target of Rs 3385"

2024年7月10日

註釋

News: India's Asian Paints top gainer on Nifty 50 after report of price hikes

2024年7月13日

註釋

Hopefully we are going to see some good rally in the coming week with all the Positive News about the stock.

2024年7月17日

註釋

Positive News: Asian Paints Exec Says Expect Double-Digit Volume Growth For Q2

2024年7月20日

註釋

Positive News: Buy Asian Paints; target of Rs 3305: Geojit Financial Services

2024年7月20日

註釋

2024年9月11日

交易結束：目標達成

Trade Completed. Target Achieved.
Total 17% Profits booked.
Time Taken = 16 weeks.

Congrats to those who made good profits with this Trade.
This is how perfectly Price Action can mint you money when done right.

Trade can still be held on based on your Risk Management as the momentum still looks strong and it is possible that the Stock can go further upward.

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Kudos!!