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Asianpaints

Asian Paints near a break down.Asian Paints has been taking support from the 200 ema on the daily charts and is trading between both the moving averages. The stock closed below the weekly 20 ema and today test the level and closed almost flat. If the market remain in a bearish trend, there can be a short trade in the stock as it has test the support levels many times. Entry :- Below 3150 Targets :- 3090, 3048 The stock today tried to move up but slowly came down and closed near the support levels of 3150. Asian paints has been trading below both the moving averages on the hourly and 15 minutes charts. Positional and swing trade can be initiated in the stock as it may take 2-3 days in hitting the targets. Wait for the price action near the levels before entering the trade.
NSE:ASIANPAINT
by TheMamboMomentum
#NIFTY WAVE COUNT. Whats next ?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 18,580, a target price of 18850. Some stocks:- 1. Deepakntr 2.Aartiindus. 3. Asianpaint I hope you like the idea. please like and comment with your views on this idea. Keep learning, Happy trading. Thank you for watching.
NSE:NIFTYLong
by SANJAYPATIDAR_