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 .
Asian Paints breakout from Descending Triangle. Stock to be kept on radar. To go long after breaking 2925 with High Volume
Asian paints made double bottom on the strong support level. Target and sl marked on the chart.
Trend line breakout with increase volume on Daily timeframe target -3200 Buy near - 2870 Stop loss - 2810
Asian Paints Breakout Retested. It is running from two days. So tomorrow might be sideways. Rally begins from ext week.
At 2500 Start your strategy for long. please hedge positions for better risk management, then at 2100 and at 1900 level try to buy more. lets see
Asian Paints is currently showing strong signs of a breakout on its stock chart, indicating that the company's stock is on the verge of a significant price increase. This is evident across all time frames, from the short-term daily chart to the long-term monthly chart, suggesting that the breakout is likely to be sustained over time. On the daily chart, Asian...
Chart does insist me the above titled opinion Reasons In Monthly timeframe, Asian paints looks like, is in formation of a DOUBLE TOP!!! ( Making HIGH(Jan 2022)and LOWER HIGH(Sep 2022) respectively) (shown as image attached in the chart) 1. Asian paints has been travelling in Ascending channel pattern(red and green) taking support at respective levels...
The possible Double bottom pattern breakout. Asian Paints could be bought at the retest with the target of the previous point where the supply was the heaviest. Traders willing to take swing trade can enter the script. Follow proper R:R, and quantity can be based on your risk appetite.
possible trend reversal possible as the chart suggests-logic and levels well mentioned in the chart itself
A triangle chart pattern involves price moving into a tighter and tighter range as time goes by and provides a visual display of a battle between bulls and bears. Script = Asian Paints Time Frame = 15 min
My Intraday Set up for Asian Paint for next few days. As discussed previously , the stock has just seen the reversal trend in upward direction , we must thus wait for opportunities to buy. On 15 min chart , the stock is currently in range as detailed in chart. Once the breakout is seen , we have the opportunity to enter the trade. The entry trigger will be the...
Asianpaint chart beakout on chart, mentioned levels on chart plant accourding levels those levels are educational purpose
Asian Paints Ltd does not need any introduction. With Market Cap of 2,69,000 Cr and a legacy of pre -independence foundation in 1945, the stock is all time favorite for for both retail and Institutional buyers. Currently the stock has just reversed from its downtrend and stands @ 2833.60. The chart has already tested the support @ 2820.10 which is our stop...