EDUCATIONAL PURPOSE: cmp 3196 Crude prices crossed 94 usd recently . either buy at support or at rsi support. not a short sell trade. Note: for educational purpose and not a trading idea.
Here, is the chart of AsianPaint..... Target has been mentioned.... Educational purpose only..
Bullish Divergence at Play for Asian Paints Stop loss of 3100s Target of 3350s Bullish Hidden Divergence Small Risk & Big Reward Set up
NSE:ASIANPAINT The Stock has been consolidating for almost 2.5 years and it has formed a ascending triangle formation which can trigger a breakout and start a trend continuation and take the price to new highs. The Targets are projected on the basis of fib-extensions. All important levels and logic is explained on chart. I hope you found this...
Bullish Harami with Volumes in Daily TF Made at breakout retest zone Inv Head and Shoulder can be seen. Breakout on 12th June was also with volumes. Entry can be at CMP with Target 3400 SL below previous day Red candle at 3240
+ stoploss is Less from the current level and reward is high + fundamentally good stock available at discounted discount + #harmonic pattern suggest reversal signal on long side + trade with proper logic and not greed
the paint giant with a 60% market share after a tough year again marching towards an all time high arena
Asianpaints is brekingout a rounding bottom WCB weekly volume is good RSI hott🔥 good for mid term expecting 3500+ educational idea only
ENTRY TARGET SL Mention in the chart. ALWAYS TAKE TRADE WITH CONFIRMATION Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Asian Paints has formed W pattern on daily chart. We can take a swing trade here. Entry: We can go long after close of strong bullish candle near neckline of W pattern. Target: We can keep Target1, Target2 near the next resistance zones as marked on chart. Stoploss: We can keep stoploss below the neckline of W pattern. Please Like 👍 & Follow Me ✅.
NSE:NIFTY Nifty Analysis for next week. #Impulse wave + correction wave Nifty last correction wave ended on the 22nd of May and it triggered the start of an impulse wave and successfully Completed three waves and then we are now in wave 4 and this correction wave can complete around the 18455 - 18400 zone. To start a wave 5 needs to break a range of...
Weekly chart rsi above 60 macd above 0 price above 50 ma daily chart price above 50,100,200 ma macd crossed 0 just 1 day before rsi above 70 above all make it perfect to buy for 3 to 10 days
Asian paint in the consolidation stage can be expected a BO very soon. Long after the BO between 3140-3145 with SL of 3040. Target 3250-3300 can be soon. Keep the stock in your watch list. The structure of the stock is bullish. This is for your educational purpose only.
ASIAN PAINTS stock can move towards 3100-3200 levels if manages to breakout and sustain above the levels of 2900 , Can go long above with small SL
Asian Paint is trading near a good support level and crossed the 30 DEMA. At the current stage, price action is looking good to go long if it crosses above 2850 and sustains above it for 30 minutes. The risk-reward also looks favorable.
ASIANPAINT looks good if it's break the trend line resistance of 3022 to 3044. Buy above 3060 SL 3030/3022 Target 30107,3159,3205,3244 Risk to reward ratio is 1:2 to 1:6 If you keep trailing your SL.
This is 5 min chart of $asianpaints I have mentioned how price can behave near future.
Asianpaints is forming a bear flag on weekly timeframe, previous weekly inside bar on weekly timeframe which it did broke out on upper side has failed now and more and more consolidation near support trendline is giving a weakness signal here. Any breakdown of the flag and trendline can invite short side target well below 2400 .