Thread :
#asianpaints (Weekly)
- A stock moving with a healthy momentum and reasonably good trajectory.
- I assume that It may come down to touch it's primary support trend line as it did in the past.
-If it do so, It will be a "must buy" opportunity.
Tip:
a) 30°-45° inclined trend line is considered sustainable.
b) Steeper trend line angle can not sustain for a long period of time.
c) Exceptions are always there.
d) To beginners : Explore more related to trend line inclination angle and relate this with above chart.