NSE:ASIANPAINT As seen on the chart price breaking out of recent range. From here Asian paint could move up. Good delivery volumes. Supertrend changed to buy after 70 days.
Timeframe: Daily NSE ASIAN PAINTS has been undergoing a corrective phase for about 80 weeks, with its price confined within a range of 3329 – 2938 , excluding excesses. The ADX indicator has declined to 21, while the average true range (ATR) stands at 43. Presently, the price has breached the 20-day exponential moving average (EMA) and is trading below the 50,...
Asian Paint is about to complete the formation of Rounding Bottom. Rounding Bottom pattern will activate only after the breakout of the Neckline - 3040 level Rounding bottom chart pattern is a bullish reversal pattern which is formed at prior intermediate support level and hold this level from 2021. Long trade will initiate only after the neckline...
Asian paints has been downtrending and consolidating for a while. A breakout has been observed from the consolidation along with positive divergence in momentum. Therefore we can expect the trend to change. Current entry is 3000-3005, target 3060, Stoploss 2970 This trade is recommended with a 1:2 RRR Happy Trading Yamini Prabu NSE&NISM Certified...
Asianpaints again taken a support from previous demand zone and expected an upmove towards 3280 odd levels until 2900 is intact on the downside closing basis. Please like the idea If you agree with the analysis, your like will motivate us to share more ideas on Tradingview. Happy Trading! InvestPro India
A very nice and bullilsh pattern has formed in Asian paints at a support level. This is the classic head and shoulder pattern and the price is just breaking out from the neckline. The target is the depth of the pattern but it is possible that we see a lot more rally. In what has been a weak market it is good to see a bullish breakout.
Asian Paint either in abcde or abc correction. Right now, price is sustaining above support range. If sustains and move Higher High, then MAYBE it will go near 3230. If the price, go south and inside the range zone then it should have to retest the resistance of range zone and then Lower Low. Target will be near 3080/-
Asian Paints has been taking support from the 200 ema on the daily charts and is trading between both the moving averages. The stock closed below the weekly 20 ema and today test the level and closed almost flat. If the market remain in a bearish trend, there can be a short trade in the stock as it has test the support levels many times. Entry :- Below...
Asian Paints breakout from Descending Triangle. Stock to be kept on radar. To go long after breaking 2925 with High Volume
Asian Paints have formed an inverted head and shoulder, giving good targets... Levels shown in chart above... in.tradingview.com Get upto $30 if you take tradingview subscription using the link above...
Asian Paints Ltd is an Indian multinational paint company. The company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home décor, bath fittings and providing of related services.
No Overlap on hourly basis A difference of subtle 2 points and the stock fell from 3101 to 2958
Asian paints after consolidating in a parallel channel has given a break out of the zone and closed above the box. The stock on the daily time frame has closed above both the moving averages. For the intraday trade, the stock has formed a flag and pole pattern on smaller time frame. On hourly time frame, the stock has given a close above 20 and 200 emas. 3...
Asian paints on the daily time frame is forming a bearish flag type of pattern. The stock has been consolidating in a parallel channel. There is a bearish moving averages cross over and stock price is taking rejection form the 20 ema. 3 point confirmation. 1. Bearish flag on daily time frame. 2. Bearish moving average crossover. 3. 50% fibonacci level...
TP - 3113 SL - 3029 SMA 21 is changing their direction and breaking the Trendline.
Hello Friends, As the prices of crude oil dropping the scrip is moving higher high. Now the scrip is trading near ATH and getting it self ready for another breakout to reach ATH. Consolidating near resistance and forming a Flag type pattern. Once the resistance is broken then we may see a strong up-move in this scrip, #Note -The purpose is for analysis for ...
This is very Trendy Stock From Last few weeks This Has been rally a lot than it should be now its time To go in consolidating phase But we can not say when this happen This time i saw a good opportunity To short it its been weak now to short i There has been small rest where it could came so fast if on mon morning will be negative I shorted it on 3491 keeping sl...
Reliance and Infosys dragged the market today while Bajaj Finserv showed a stellar move on account of its earnings. So far, it seems the bearish bias looms over the market. What's your view?