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 :...
asianpaint chart analysis for intraday and swing trading
Stock 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.
Buy @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 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...
Asian paints looks good for swing trade with SL at 3000.
Traders 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
Trend analysis.. ye dekh 1 hour ke chart pe horizontal lines.. support and resistance
NSE: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
Here's the result of the asian paint which i told you to go long in asian paint
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...
asianpaint rounding bottom and volume breakout looking strong for 3075++ targets
The Trend Lines and MACD are positive for an upside from here.
Sock reversal from 50EMA MACD Crossover volume is good RSI increasing good fundamental
intraday watchlist ... May shoot up in next trading session
Only 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 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.
Asian paint is at its strong supports you can go long in it or wait for the touch zone support. Intraday on 9 aug 2021 you can go long with the sl of 25 if you see 5 min green candle at 9:20. or if you got bullish candle in morning you can put your sl near low or the day.