asian paint BO(52 week high)Asian paint all time high
1910 was the previous high
BO given but volume is not good on can trade as well as invest in this stock
bullish in all time frame
comfortably sitting above all important moving average
since 2010 in monthly time frame closing below 21MA not given
very bullish structure
bearish if weekly closing below 1740
Asianpaints
ASIAN PAINT Tarde Setup""This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will"".
Stock Has Recently Breakout From It's Long Term Range And Chances Are, We Can See Follow Through. Stock can Correct Till "Main Support" Or May Reverse From Short Term Support.
Short Term Support - (1950)
Main Support - (1880)
Target - (2200)
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Asian Paints long opportunity...Asianpaints was having a strong resistance from previous days. resistance range was somewhere between 2000-2016 but today it broke and stock went some further by very beutiful volume. so in near by future when prices come near by this range we should try to buy and make a long position in this stock. becouse of previouse resistance became new suport
ASIANPAINT 1H | Go LONG then Go SHORTThe patterns visible are the head and shoulders and a rising channel.
OPTION A : The head and shoulders pattern will be justified.
The rate will at first rise up to 1966 INR.
Then fall anywhere near 1920-1900 INR.
(going Long first and then Short would be profitable.)
OPTION B : The rising channel will be justified and the price will soar high up to 2050 INR. Go L.O.N.G
Asian Paints will it breaks the resistance 1920 Asian Paints nice uptrend from 1700.currently at 1885.Recent graphs show next important resistance at 1920.Will it breaks and it will go 2000,2100 levels.
Recent Chart study shows yes.Moving averages and ADX are very strong uptrend.if the trend continuous it will go 2000,2100.Use stop loss and trade your own risk.
Target 1 - 2000
Target 2 - 2100
Safe buy above 1920.
Risk takers can buy early.
Asian Paint AnalysisNSE:ASIANPAINT
Hi Traders,
As expected in old idea ( "Asian Long" ), Asian paint move upward direction and made all time high. And its upward movement will be continued up to 2100, then it can show retracement to continue next target 2260 to 2350.
Disclaimer:- This idea is not for a trading call or tips, it is learning purpose only. Please understand your risk and take full responsibility of your action. Trading positions should be taken from consulting your financial planner. In case you like it, please click on like button and share this idea with others. This would give us encouragement to keep sharing our ideas here on this platform.
ASIANPAINTS ----- Daily Chart Analysis I HAVE DONE ANALYSIS ON ASIAN PAINTS BEFORE.... IT WORKED WELL CHECK IT OUT TOO GUYS !
we have a clear trendline breakout with a spiking volume
wait for retracement and then enter for LONG.
There is a clear support zone check it out too before entering
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ASIANPAINTS - CLEAR BREAKOUT - DONT MISS - BUY AT RETRACEMNTASAINPAINTS shows a POWERFULL BULLISH SIGNAL . Traders who missed the entry still can wait for a retracement.
Their is no guarantee that a retracement would occur. but dont forget to enter if a retracement occurs.
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.