LONG ON BERGER PAINTSA festive season is around the corner and people start to renovate their infrastructure (homes, factories, offices, etc.) and I'm eyeing Asian paints and Berger to capitalize on this consumtion.
Asianpaints
Asian Paints broke Previous resistance & moved at all time highAsian Paints broke Previous resistance & moved at all time high
one can go long with small stoploss
Asian Paints - Short IdeaOnly for learning and sharing purpose,
Not a trading advice,
Please comment with your views.
ASIAN PAINTS
Target:- 3811
Stop Loss:- 3246
Duration:- 6 to 8 Weeks
The stock has already break the resistance line and test that resistance line again and used as a support line, showing a bullish candle, which is an indication of upside move. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave step by step
BERGER - Could see further lows BERGEPAINT - breaching 825 levels. Will go down further and consolidate if markets go down further. accumulate
ASIANPAINT pre-market intraday analysis and setup🎇Hello Traders👋
Today i have made a post on ASIANPAINT 1HR
I hope you find this post helpful and informative👍
The targets and stoploss would be given in the charts or they would be according to pivot points
Thank You
—DISCLAIMER—
I am not a SEBI registered financial advisor
Please consider your consultant's advise a must , all the setups posted here will be considered as informative and helpful post
I shall not be responsible for your profits and losses
Will ASIANPAINT breakout of the range?After making a high of 3179 on 20.07.21, ASIANPAINT has been consolidating in a range. It recently seems to trying to push upwards towards the resistance and has formed a nice bar which indicates a possible coming breakout. A long can be initiated keeping in mind the following levels :
LONG ABOVE : 3115
STOP LOSS : 3048
TARGET 1 : 3182
TARGET 2 : 3249
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Do wait for a 15 min candle to close above the "LONG ABOVE" level with good volumes for a better entry.
Do manage your risk and trade your plan.
Like and follow for more. :)
#BuyWatchList #ASIANPAINTSStock seems to be consolidating and can be bought on a breakout above 3319 if supported by volumes. Company has reported sales growth of 90%+ and profit growth of 160%+ in last quarter.
Possible Retest At Support LevelBuy @cmp - 2990
Target - 3150
SL - 2940
Big breakout happened already with good volume. Now consolidation is going towards the support level. Expecting a Long move from here.
ASIAN PAINTS PRICE ACTION ANALYSIS. Asian Paints has crossed 3163 levels with high volumes after breaking the demand zone 2. For a better risk-reward ratio, we can wait for a pullback until 3163, which is expected to act as good support.
Place your stop loss level below the demand zone 2.
The XABCD bearish crab pattern sets a 1.618 fib extension level as a profit booking level for longs. Book your profits here and wait for the price action for a new position.
All the levels and information is mentioned on the chart as well.
Happy trading :)
This is just for educational purposes. Trade responsibly with proper financial advice.
Asian Paints is expecting Breakout form Strong ResistanceTraders are requested to keep an eye on the Asian Paints stock as it is expected to give break out from the major resistance or concentration of the supply zone. you can get good profit if the Breakout happens. thank you to all of you
ASIAN PAINTSNSE:ASIANPAINT
1- Buyers not able to make new highs
2- Significant volume reduction
3- After a pullback can enter the trade
4- Wait for the price to come out of base
My idea on 8 august for positional trade in asian paintHere's the result of the asian paint which i told you to go long in asian paint
asian paint what a breakout.!!!asian paint given volume breakout from rounding bottom pattern
and no look back through out the day...
falling crude too helped the stock to move up...
asian paint volume breakoutasianpaint rounding bottom and volume breakout
looking strong for 3075++ targets
Asian Paints buy for target 3080-3156.Sock reversal from 50EMA
MACD Crossover
volume is good
RSI increasing
good fundamental
ASIANPAINT holding support 2965Only take a trade using any price action patterns on closing basis, use 15 mins chat, and please don't trade in options with my levels.
Asian Paints: Intraday Analysis 15minAsian Paints forming a Descending Triangle on the 15-minute chart. The price a squeezed to the maximum forming lower highs and is now on the verge of giving a breakout/breakdown.
