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Asianpaints

ASIAN PAINTS SHORT-TERM SWING TRADE!Hi everyone, Asian paints short term swing trade consider buy above 3,910 targets 3,350 & 3,505 stoploss 3110. LOGIC BEHIND TRADE : Stock was in down trend & given breakout of dynamic trendline resistance and stock is near it`s static resistance 3,910 if sustain above it can go upto previous swing high 3,350 and if stock also sustain above 3,350 then can test it`s all time high resistance 3,505. & Stock looks good for short term swing trade. NSE:ASIANPAINT
NSE:ASIANPAINTLong
by UnknownUnicorn30938178
ASIAN PAINTS- BUY WITH TARGET 3500Asian Paints has corrected a lot and returned to its long term uptrend line and taking support here with good volume accumulation. The reason for this nasty correction in the stock has mainly been a decline in bottom line margins in the quarterly results. We must understand if that is a worry from the fundamental perspective. It has been announced by the company that they will be increasing their product prices to keep their margins back to where they belong. And it is a sensible measure considering that raw material cost inflation has been the major reason for decline in the margins. And be assured that Asian Paints is one of the few companies that enjoy a great pricing power, which means the increase in prices won't affect demand much. The reason for this is another long discussion but a very interesting one. You can check out Saurabh Mukherjea's discussion on Asian Paints on YouTube to know the same. This gives the company enough power to increase product prices without much worry about demand. This assures investors that next quarter we should expect comfortable results. All this coupled with the support on this beautiful uptrend gives me enough confidence to enter this stock at current levels with a target of 3500. That would be a beautiful 380 rupees a share move. Hope this plays out perfectly as I expect. Thank You! Please follow me if you liked this idea. I try to share any good idea I spot over here. Like if agree. If you don't, please comment and share your thoughts.
NSE:ASIANPAINTLong
by aritraghosh09
Asian Paints: Lower top lower bottom observed We are looking at daily charts of Asian Paints - Since 24 Sept 2021, we observe the stock is making lower top lower bottom - trading in a yellow channel - currently near channel top Given the set up one may consider to sell Asian Paints 3200 Call option around 40 ROI potential of 8% on Margin requirement till 25 Nov expiry Inbuilt loss protection for a rise up to 3240 till expiry Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:ASIANPAINTShort
by indiamarketoutlook
3
ASIAN PAINT - IMPORTANT LEVEL - SWING ALERTFinancials : For the quarter ended 30-06-2021, the company has reported a Consolidated Total Income of Rs 5,674.97 Crore, down 15.64 % from last quarter Total Income of Rs 6,726.84 Crore and up 91.09 % from last year same quarter Total Income of Rs 2,969.75 Crore. Company has reported net profit after tax of Rs 576.82 Crore in latest quarter. The Construction sector is witnessing growth and Asian paints is expected to grow well. Technically If the level marked is broken, we can capture a good move. Volumes are increasing steadily and we have seen how quickly the stock can rally. PLAN YOUR SL ACCORDINGLY Chart Study not a call
NSE:ASIANPAINTLong
by Artofchart
Asian Paint Daily Time Frame AnalysisAsian Paints Daily Time Frame Analysis Strong Base at 3150-3180 zone Minor Resistance at 3400 zones After profit booking session of 1 week expected a bounce from this base I have already initiated my position at 3200 with a stop loss of daily closing below 3170 Targets are mention on charts 1st target at 3500 as after this we can possibly see a double top so book here but if it sustain open its way for 3700-4000 TO THE MOON !! Time Frame : 1 - 2 Month
NSE:ASIANPAINTLong
by dsuraj32
ASIAN PAINTSNote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:ASIANPAINTLong
by SENSITRADE_T