ASIAN PAINT LONG - SWING (1 hour candles)

This analysis once again is based on simple break and retest of a resistance zone.

we see a strong resistance zone @2000 and once it broke we see it acting as support area and price makes a successful bounce from this area.

Once we see a bullish candle closing above 2050 we can go long.

Entry - 2050

SL - 2015

Target 1 - 2100
Target 2- 2120
Target 3 - 2130

Risk:Reward - 1:2