Asianpaints
Red or Green Asian Paints color will decide soon NSE:ASIANPAINT
make or break level are coming soon, supply zone is formed with an indication of formation of double top, very strong candle will only give new support with a new all-time high otherwise bears will going to party hard
Asian paint above 3000(hourly closing)Price and volume contraction pattern in asinpaint
IF closing given above 3000 then we may see sharp up move
as huge oI at 3000(which is likely to unwind if cross 3000)
Above 3000(hourly close)
target 3090-3160
good support near 2975-2950
Please maintain SL closing basis
Risk 1-3% of your capital(so plan position sizing base on this)
My trading view ideas past accuracy (for traget-1 ) around 71%(Please maintain your SL)
ASIAN PAINTS at its support Buy at 2347I will buy ASIANPAINTS because :
It has been taking support at the trend line .
It has touched the support.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 2347
Target : 2800/2882
Stop loss : 2150
Asian Paints Upcoming break out As i have drawn , it is clear tracing supports and resistances to lines , so we can exapact clear break to upcoming new high.. do follow me for more ideas on other shares like reliance , L&T , et c.. this is just An idea .
Asian paints triangle formationNSE:ASIANPAINT
consolidating inside a triangle.respecting the up trendline and trying to move up.
I will be waiting for a breakout and retest to enter that can give good risk to reward. 15min inside candle breakout also can be an entry if the volume is also supportive. watch daily pivots to book profits if it goes above after retest
Asian paints Pole and flagAsian paints sideways as long as above red trendline, On which w pattern is formed.
Bearish if crosses below that line with impulse.
Asian Paint buy Above 2910 Target 2930- 2949- 2975 SL Below Asian Paint buy Above 2910
Target 2930- 2949- 2975
SL Below 2885
Sell Below 2875 (SL above 2900)
Target 2852- 2830-2815-2800+
Intraday Trade
Note -
1.Trade only if 15 min candle sustain above or Below given entry Price.
BUY : ASIAN PAINT : BREAKOUT DONECMP 2903
This is right time to buy asian paint,
as we can see on chart break out done
Target 2930 - 2945 - 2960
SL 2880
Asian Paints - Flag PatternAsian Paints has formed a flag pattern in 30 min TF
Trade whichever side the pennant is broken
To motivate me, give a like and show your support.
Please stay safe. Happy Trading!
Regards,
Segan
Asian Paints Good BreakoutAsian paints has broken out from a penant and now pressing against a resistance further which a stronger upside or a shorter drawback possible.
FY21-22 Swing Trade Idea #47: Long on ASIANPAINT This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
$ASIANPAINT - Amazing Breakout from rounding bottom pattern- $ASIANPAINT shown a good breakout with volumes at 2880 levels
- Many paint stocks have gained momentum
- Breakout of a rounding bottom pattern
- Entry levels can be made afte a retest to 2880-2900 with a stoploss of 2730
- May show some bullish behaviour initially but may lose some momentum afterwards
* Only for educational purposes
