Swing Trading : Asian PaintIn Asian Paint
After the triangle pattern breakout, a big rally coming for short term. It can be used for swing trading or positional trading.
Asianpaints
Asian Paints : A vivid H&S in view (Three trades on Offer)Asian Paints exhibits a potential H&S in progress.
1,755 & 1,830 being MOB levels for this pattern to hold good.
Three trades on offer :
(1) Long as near as 1,790 (SL 1,775) for 1,830
(2) Short near 1,830 once the exhaustion appears (SL - As minimum as possible) for 1,770 - 1,760 zone
(3) Long again near 1,760 for 1,830 +
ASIAN PAINTNSE:ASIANPAINT
DAY TRADING CALL
15 min timeframe.
SHARING KEYPOINTS FOR WEDNESDAY .
pls do not rush to enter your trade on first candle.
always wait for 2 or 3 candles to see the market behavior and than enter your trade accordingly .
enter/ exit/ sl will be decide after 1 or 2 candles,
by the way you already have key levels so it takes no time to setup your trade in live market still i try to update the trading levels before that
happy trading..!
Hovering near a very important support zone. Make or BreakThe stock has witnessed sell off during past few weeks. Currently the stock is at an very important support level – 1670. A move down from this level will not be a good sign for the buyers and the stock may fall down further and test 1560 levels. The RSI is just at the support levels, a pull back here has to be monitored and seen for bullish continuation signals. In short Asian Paints is at a Make or Break level.
Asian Paint at an minor support! Watch the prices hereAsian Paints: After extended north run the stock corrected. The RSI has moved into neutral zone. The prices are now hovering around a minor support at the kumo. There has been a negative TK cross with CS drifting below the prices. The correction seems not over yet, a small pullback can be followed by a correction further pushing the prices to 1670 levels (very strong support area)
ASIAN PAINTS WEEKLY ANALYSISFLAG PATTERN IF LOWER LINE BROKEN ON 1 DAY CANDLE CLOSING BASIS GO SHORT TARGET GIVEN
ASIAN PAINTS WEEKLY CHART ANALYSIS GO SHORTIT IS TRADING BETWEEN TREND LINES IN A WEEKLY CHART NOW AT TOP AS DESCRIBED BY THE SQUARE 7 CANDLES HAVE BEEN REJECTED BY UPPER TREND LINE STOP LOSS IS 1840 TARGETS ARE GIVEN WITH BLUE ARROWS AND FINAL TARGET IS LOWER TRENDLINE UNLESS SOME BIG BOOSTER POSITIVE NEWS COMES FOR MARKET IT WILL DIVE DOWN
NOTE: FOR EDUCATION PURPOSE ONLY NO ADVICE
Berger Paints : Beginning to peel off...!The meteoric rise that we have witnessed over the past two months in this counter by 80% has been nothing short of a spectacle. However, now it looks like the paint is beginning to loose its sheen and the formation of bearish harami with a trendline breakdown is hinting at a potential reversal to the downside. The momentum indicator RSI is clearly signaling serial divergences that could drag the prices lower. The sharp rise seen till date could now reverse and the profit booking could result in some sharp decline too. With the support emerging only around 463-468 one could look at initiating some shorting opportunity or atleast exit from long positions if any.
Idea Sourced From Neotrader
trade.chartadvise.com
ASIAN PAINTS SHORT SETUPIT IS CLOSED BELOW LOWER TRENDLINE NOW THE FIRST TARGET IS THE GAP AS MENTIONED ON THE LEFT SIDE THAT IS 1705 IF CLOSED BELOW GAP 2ND TARGET IS 1655 STOP LOSS MAY BE 1790 SLIGHTLY ABOVE TRENDLINE :)
NOTE: FOR EDUCATION ONLY NO ADVICE
Asian Paints Trend Analysis & Trade Setup !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Appreciate via Liking and Commenting , which boost up my moral for More Post with perfect Entry Exit Target setup.
Wait for entry setup, if available then Long/short.
R:R is 12 to 20 times.
Asian Paints Hourly ChartIf Nifty opens negative then there is a high probability of sell trade.. Dont buy below the channel resistance.
