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Asianpaintlong

Asian paints following the Index bullish move.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 point confirmation. 1. Break out on daily time frame of the consolidation zone. 2. Closed above both the daily moving averages. 3. High volumes than the previous day. Asian paints ltd is a high weightage stock in Nifty index and can follow the bullish trend of the market. Target :- 3185, 3240 Stop loss :- Close below 200 ema(hourly time frame). Wait for the stock to retest of the consolidation zone and price action near the level before entering the trade. Both intraday and swing opporunity can be initiated once the stock closes above the flag and pole pattern.
NSE:ASIANPAINT
by Mambotrade
1
Asian paints forming flag and pole pattern.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 rejection. Asian paints is forming a nice pattern. Let the stock give a break down and close outside the consolidation zone. Target :- 3045, 2981 Stop loss :- 20 ema on daily time frame. Wait for the price action near the levels and enter only after the stock break down of the consolidation zone.
NSE:ASIANPAINT
by Mambotrade
Buy Asian Paints @CMPI have created a mathematical indicator and for that Asian Paints have 95% profitable accuracy. NSE:ASIANPAINT Some Last Trades: Trade # Type Signal Date Price Contracts Profit Cum. Profit Run-up Drawdown 14 Entry Long long 18-02-2015 839.1 1 181.35 961.05 181.35 146.1 Exit Long close 01-06-2016 1020.45 21.61 % 0.18 % 21.61 % 17.41 % 15 Entry Long long 11-07-2016 1020 1 230.35 1191.4 230.35 168.9 Exit Long close 12-09-2017 1250.35 22.58 % 0.23 % 22.58 % 16.56 % 16 Entry Long long 12-10-2017 1156.5 1 258.4 1449.8 258.4 66.4 Exit Long close 23-07-2018 1414.9 22.34 % 0.26 % 22.34 % 5.74 % 17 Entry Long long 16-10-2018 1257 1 272.4 1722.2 272.85 139 Exit Long close 26-07-2019 1529.4 21.67 % 0.27 % 21.71 % 11.06 % 18 Entry Long long 23-09-2019 1697.85 1 357.95 2080.15 357.95 266.65 Exit Long close 10-09-2020 2055.8 21.08 % 0.35 % 21.08 % 15.71 % 19 Entry Long long 11-09-2020 2063 1 446.05 2526.2 446.05 155.25 Exit Long close 09-12-2020 2509.05 21.62 % 0.44 % 21.62 % 7.53 % 20 Entry Long long 28-12-2020 2654.25 1 600.35 3126.55 600.35 394.25 Exit Long close 01-09-2021 3254.6 22.62 % 0.59 % 22.62 % 14.85 % 21 Entry Long long 29-09-2021 3365 Exit Long Open Secret Indicator Analysis: All Long Short Net Profit 3126.55 3126.55 0 3.13 % 3.13 % 0 % Gross Profit 3220.55 3220.55 0 3.22 % 3.22 % 0 % Gross Loss 94 94 0 0.09 % 0.09 % 0 % Max Drawdown 94 0.09 % Buy & Hold Return 3835182.93 3835.18 % Sharpe Ratio -1.894 Sortino Ratio -0.918 Profit Factor 34.261 34.261 N/A Max Contracts Held 1 1 0 Open PL -138.15 -0.13 % Commission Paid 0 0 0 Total Closed Trades 20 20 0 Total Open Trades 1 1 0 Number Winning Trades 19 19 0 Number Losing Trades 1 1 0 Percent Profitable 95 % 95 % N/A Avg Trade 156.33 156.33 N/A 0.16 % 0.16 % N/A Avg Winning Trade 169.5 169.5 N/A 0.17 % 0.17 % N/A Avg Losing Trade 94 94 N/A 0.09 % 0.09 % N/A Ratio Avg Win / Avg Loss 1.803 1.803 N/A Largest Winning Trade 600.35 600.35 N/A 24.57 % 24.57 % N/A Largest Losing Trade 94 94 N/A 20.02 % 20.02 % N/A Avg # Bars in Trades 135 135 0 Avg # Bars in Winning Trades 138 138 0 Avg # Bars in Losing Trades 88 88 0 Margin Calls 0 0 0
NSE:NAM_INDIALong
by gauravchovatiya
Asian Paint AnalysisNSE:ASIANPAINT Hi Traders, As expected in old idea ( "Asian Long" ), Asian paint move upward direction and made all time high. And its upward movement will be continued up to 2100, then it can show retracement to continue next target 2260 to 2350. Disclaimer:- This idea is not for a trading call or tips, it is learning purpose only. Please understand your risk and take full responsibility of your action. Trading positions should be taken from consulting your financial planner. In case you like it, please click on like button and share this idea with others. This would give us encouragement to keep sharing our ideas here on this platform.
NSE:ASIANPAINTLong
by vimal.kr.pathak