Asianpaints
ASIAN PAINTSBuy around 2850-2900
Targets are mentioned on charts.
It's just a view DO your own research before investing/trading.
Asian Paints: Intraday Analysis 15minAsian paint forming a descending triangle on the 15-minute chart. Will be giving a good move on the next trading session. Be prepared in advance for whichever side it goes.
ASIANPAINTS - Weakness seen below 2980ASIANPAINTS -Should start an upmove if 2980 sustains. Weakness seen below 2980
Asian Paints: Shorting for target of 2798. Take entry at 2940Hello Traders,
One can short Asian paints when a 75 minute/60 minute candle closes below 2945. The target of 2798 should look achievable if there is no reversal from weekly resistance (blue line).
Entry price: Short at 2940-2945
Target: 2798
SL: 2994/3031 Depending on risk appetite. I would go for SL of 3031 to avoid being taken out by any Wicks.
Disclaimer: I have already attempted the trade on Friday and shorted the current month Future Contract at 3976 (Around 3963 in cash segment). Although I entered it at high risk but it looks very much strong from chart.
Happy Trading.
Falling Wedge Pattern on Asian PaintsAfter the Earnings Shoot-up, Asian paints has retracted a bit to its 0.5Fib levels forming a Double Bottom and a Falling wedge.
Asian Paints has an ideal condition where it never believes in having a proper breakout(*sarcasm*), so in the upcoming week if the bull run starts , a gap can be seen on Asian Paints at the starting of the day which can ideally be verified as a breakout but it will try to retest it 3097 which can be a good entry point as well.
Markets are a bit volatile these days for enter only if you see a proper breakout or a retest.
3127 and 3165 are good target levels. Keep Stop loss in place as well.
Asian Paint Bearish EngulfingAsian Paint Bearish Engulfing On Top
Closing Price - 2987.35
SL - 3101 (Day Closing Basis)
Target - 2870/2730
Asianpaints Quantbox BO Strategy !!Asian paint is running inside my Quant Box for some time. Now is the time to break out and it may be either side.
The Box width is 64 points and the probability of a multiple times return of the number is high.
Stoploss will be on the other side of the box once BO is given.
The target has marked on the chart.
Disclaimer: This information is for educational purpose
ASIANPAINT Weekly AnalysisASIANPAINTS being the top bullish stocks for long term. 2850 will give important support. The stock is heading towards 3650 in the coming weeks.
ASIANPAINT Trade Setup For Tomorrow ( 22nd July)So Asian Paint share give around 6% move on Tuesday, there is a two reasons behind it.
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1. Asian Paint was in consolidation mode from last so many days so it gave a breakout on Tuesday with the level of 3068.
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2. In the second half, Asain paint declare their good Quarter Results so it gives the more upward momentum to the share.
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So for tomorrow, there is a simple Strategy, Asian Paint share will retraced till .5 level mean till 3106 or 3083
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At the retraced level you should buy for the targets of 3270. .
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Note: Don't buy in the morning maybe after making one green candle stock will retraced, so buy only once it retraced.
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What's your view on this comment below in the box.
Asian Paints Swing TradeAsian Paint Breakout , Strong Volume, RSI Monthly , weekly and daily well above 60. And the Q1 results are very strong which will act as catalyst to the move
Downward Broadening Wedge on APEnter Only when a good volume is available when breaking the 2991-2992 resistance.
Do not enter when a shooting star is formed after breaking the resistance.
ASIAN PAINTS LTD : HAVE A LOOOOK...HEY its a double top pattern .
have a look in this chart it taken breakout then u have wait till the buy pattern .
next you can take the trade .And follow the "Resistance and Support"
And technical bill williams'3 lines
Asian paint for 29.06.2021understanding trades through support and resistance.
trade will remain void if opens big gap up.
Asian paint for 23.06.2021understanding trades through support and resistance, asian paint can give good downside move tomorrow.
avoid trade if its opens big gap up or gap down.
