Asian Paints - Bullish Structure - VSA Analysis

20 oct 2020

VSA Study for ASIANPAINT

• Stock has got good consolidation after the previous Volume based Breakout with WRC.
  
• Today it has given the breakout again from current consolidation area.
  
• Horizontal consolidation are consider to be good setup, for the reasons please explore some good books on price action.
  
• If this breakout survive then it can give a good momentum setup.
  
• After trading the breakout setup, one should avoid chasing the stocks. Instead let it to be cool-off and complete its pullback structure then accumulate more.
  
• My Setup for Tomorrow Entry: 2132 above if sustain then I will take entry.
  

27 oct 2020

Nota

And stock gave a good upside rally around 6% today!!!!!

27 oct 2020

Nota