Asianpaints
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.
Dont Miss !! Asian paint awesome to pick !All details provided in chart.
Do you own analysis before any trade.
For education purpose only.
5 Aug 2020 to 10 Aug 2020Levels are indicated on chart . If you used the chart let me know how it helped
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For education purpose , refer to your analysis before proceeding
Asian paints beautiful chart patternit is symmetrical triangle (can be bearish below 190)
AT first it will touch 1721 if crosses 1721 .... then it can go upto 1728 and 1735
it will be better to sell @ 1690 with stop loss of 1720
if it breaks level of 1690 ... tgt 1- 1675 tgt 2- 1645
stoploss of 1745
Asian Paints "Intraday"Only if price manage to push above 1730+
We may see an upside move in Asian paints as clearly seen in the chart it has touched the support and bounced back towards resistance and also seen a little volume spike.
Asian Paints to trade sideways. Strategies:-
Intraday traders
Buy/Entry : Trigger Price: 1672, Buy Price: 1688, Target Price: 1724, Stop Loss: 1770, (*Trailing stop loss with step of Rs 4)
Positional traders
Buy/Entry : Buy Price: 1668-1672, Targets: 1724-1761-1791. * Do not put stop losses here. If stock breaches 1665 and continue to move downwards do not panic. Next buy level is 1622 and 1596. These are very strong supports. The Stock is expected to move back to 1826 within two weeks time.
Note : Intraday Traders who prefer to short sell, rather than buy trades, may follow below strategy only if stock opens between 1696-1702.
Sell/Exit : Sell Price: 1698-1702, Stop Loss: 1725, (*Trailing stop loss with step of Rs 4). Target Price 1668-1674
AsianPaints - ShortOn Daily closure below 1687 price is likely to touch 1577, but target would be 1596. #Nix2B Price Action Trading
Asian Paint - Triangle Bullish BreakoutNote: This is for educational purpose only.
There is a triangle bullish breakout in Asian Paint with high volume. RSI above 60 shows bullish momentum as well.
asian paintsNSE:ASIANPAINT asian paints is largest color company in Asia. you can bet on it for long term. accumulate on every dip. solid numbers and management .
asian paints breakout or breakdown breakout or breakdown with support and resistance
for swing trading.
only for educational purpose
Asian paint structure looks weakAnalysis:
It has formed a flag structure after an impulsive move, cmp can be shorted for target 1674/59/42 (intraday/swing). With stop 1708.
Thanking you,
Kalpana Burman
Disclaimer:
The data and information provided in this published idea is not an advice and should not be relied upon as such. Neither the information, nor my opinion contained in this idea constitute a solicitation or offer by me to buy or sell any securities, futures , options or other financial instruments.
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position.
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Asian PaintAsian Paint Break Rectangle Pattern IN daily Chart.You can trade Long Side IN Asian Paint
Entry Price:Buy Above 1690
Stop loss:1675
Target:1734
