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ASIANPAINT Intraday Tips For 12 Dec 2018

Last update on 11 Dec 2018
ASIANPAINT (EXP 27 Dec 2018) CMP-1327 currently in up side in intraday. It is likely to test resistance 1357.80 / 1388.65 / 1439.60. If it breaks below 1306.85 with volume then it may test lowerside supports, such as 1276.00 / 1225.05 / 1194.20.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 1439.60
R3 1388.65
R2 1357.80
R1 1332.30
PP 1306.85
S1 1291.40
S2 1276.00
S3 1225.05
S4 1194.20
Last Day High 1337.7
Last Day Low 1255.9
Last Day Close 1327
Close up side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)