ASIANPAINT - Trade/Investment - Bounce from Crucial Support

The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself. Second target is calculated based on range calculation method in technical analysis.

The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade

Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis