As per chart trendline breakout with good volume, good results. Upcoming pattern might be as per above with targets as mentioned in short term. ☠️☠️☠️ Above ideas are for educational purposes only, kindly consult your financial advisor before investing. Please don’t forget to 👍 and subscribe if you like the idea.
Asian paints may breach 52 week highs if crosses 2840 and crude supports.
A intraday shorting opportunity in Asian Paints. It reached a strong resistance zone, took resistance and came down a bit and broke the lower trend line, which indicates a slight weakness. If Nifty is consolidating or moving down then there are very high chances it can come down to 38.20% of Fib retracement before breaking the resistance on the higher side.
long only when candle closes above yellow line for target 3204
NSE:ASIANPAINT BUY NOW (i,e: 18/05/2021) its a brake out pattern Target of 3109
BERGERPAINT Buy -Above 775 SL- 750 Target- 800 825 850 875 900 Always use alerts for trading. Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup. Do follow us Like Us Share with fellow traders Also check the below related ideas for other stocks.
A Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for...
If 2800 is not broken then we may again reach 2544 and if broken down we may see 2323, 2260 and 2102
Stock has crossed above the Ichimoku Cloud and seems set to head back towards its All time High. From another perspective , one can also say that there was a breakout from a Pole Flag pattern on the day of Breakout.
long fresh only when candle closes above trendline target 2804 and beware on yellow line if you are already long
result is due on 12th may. long with stop loss of trendline for target 2663-2674
Asian Paints looks like setting up for a bullish breakout from the triangular pattern. Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research,...
Even after a bearish nfty and bnknfty move last session this trade is still not messed up just some new trendline adjustments and here we go again looking for BOB ( buy on breakout ) ///// Keep an eye :)
Stock has been consolidating and a swift movement on the downside can give good RR. In swing trading POV I am not short on it. The Indicator Used: 1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts. 2) Valuation band KEYS: Red Faded Cloud: Over Valuation. Grey Faded Cloud: Proper Valuation. Green Faded Cloud:...
Note: 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...
As explained in the Chart.. I have not placed stop loss. Take the stop loss based on the market direction and previous candle close.
Breach or Triangle with High Volume will decide the further trend of this stock