Asianpaints
Asian Paints - Long IdeaThe stock has shown a bull run in the last sessions. One may wait to enter at a less price when retraces. If the rally continues, this may go to 3500 and above. One may exit below 3160 or according to their risk management. Risk management is on priority anytime/every time.
Only for sharing and learning purposes, not a trading recommendation.
Please comment on the idea.
All the best
Intraday analysis for 14-12-2021 - Short Asian PainsAsian Paints Ltd has formed shooting star candle on daily time frame. The stock looks good for intraday trading. Short Asian Paints below 3270 with SL 3300 for intraday. Book profit as per your risk.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Asian Paint LongWill try to make some position in Asian Paint once it breaks the 1hr trendline. Reason for trade:
1. Support taken at long term trendline.
2. LL LH structure is broken.
3. Daily trendline is broken.
Note - This is my personal view only for educational purposes and I am not a SEBI registered expert. Follow your financial advisor for any work in the stock market.
I have created a mathematical indicator and for that Asian PaintNSE:ASIANPAINT
Some Last Trades:
Trade # Type Signal Date Price Contracts Profit Cum. Profit Run-up Drawdown
14 Entry Long long 18-02-2015 839.1 1 181.35 961. 05 181.35 146.1
Exit Long close 01-06-2016 1020.45 21.61 % 0.18 % 21.61 % 17.41 %
15 Entry Long long 11-07-2016 1020 1 230.35 1191.4 230.35 168.9
Exit Long close 12-09-2017 1250.35 22.58 % 0.23 % 22.58 % 16.56 %
16 Entry Long long 12-10-2017 1156.5 1 258.4 1449.8 258.4 66.4
Exit Long close 23-07-2018 1414.9 22.34 % 0.26 % 22.34 % 5.74 %
17 Entry Long long 16-10-2018 1257 1 272.4 1722.2 272.85 139
Exit Long close 26-07-2019 1529.4 21.67 % 0.27 % 21.71 % 11.06 %
18 Entry Long long 23-09-2019 1697.85 1 357.95 2080.15 357.95 266.65
Exit Long close 10-09-2020 2055.8 21.08 % 0.35 % 21.08 % 15.71 %
19 Entry Long long 11-09-2020 2063 1 446. 05 2526.2 446. 05 155.25
Exit Long close 09-12-2020 2509. 05 21.62 % 0.44 % 21.62 % 7.53 %
20 Entry Long long 28-12-2020 2654.25 1 600.35 3126.55 600.35 394.25
Exit Long close 01-09-2021 3254.6 22.62 % 0.59 % 22.62 % 14.85 %
21 Entry Long long 29-09-2021 3365
Exit Long Open
Secret Indicator Analysis:
All Long Short
Net Profit 3126.55 3126.55 0
3.13 % 3.13 % 0 %
Gross Profit 3220.55 3220.55 0
3.22 % 3.22 % 0 %
Gross Loss 94 94 0
0.09 % 0.09 % 0 %
Max Drawdown 94
0.09 %
Buy & Hold Return 3835182.93
3835.18 %
Sharpe Ratio -1.894
Sortino Ratio -0.918
Profit Factor 34.261 34.261 N/A
Max Contracts Held 1 1 0
Open PL -138.15
-0.13 %
Commission Paid 0 0 0
Total Closed Trades 20 20 0
Total Open Trades 1 1 0
Number Winning Trades 19 19 0
Number Losing Trades 1 1 0
Percent Profitable 95 % 95 % N/A
Avg Trade 156.33 156.33 N/A
0.16 % 0.16 % N/A
Avg Winning Trade 169.5 169.5 N/A
0.17 % 0.17 % N/A
Avg Losing Trade 94 94 N/A
0.09 % 0.09 % N/A
Ratio Avg Win / Avg Loss 1.803 1.803 N/A
Largest Winning Trade 600.35 600.35 N/A
24.57 % 24.57 % N/A
Largest Losing Trade 94 94 N/A
20.02 % 20.02 % N/A
Avg # Bars in Trades 135 135 0
Avg # Bars in Winning Trades 138 138 0
Avg # Bars in Losing Trades 88 88 0
Margin Calls 0 0 0
Buy Asian Paints @CMPI have created a mathematical indicator and for that Asian Paints have 95% profitable accuracy.
NSE:ASIANPAINT
Some Last Trades:
Trade # Type Signal Date Price Contracts Profit Cum. Profit Run-up Drawdown
14 Entry Long long 18-02-2015 839.1 1 181.35 961.05 181.35 146.1
Exit Long close 01-06-2016 1020.45 21.61 % 0.18 % 21.61 % 17.41 %
15 Entry Long long 11-07-2016 1020 1 230.35 1191.4 230.35 168.9
Exit Long close 12-09-2017 1250.35 22.58 % 0.23 % 22.58 % 16.56 %
16 Entry Long long 12-10-2017 1156.5 1 258.4 1449.8 258.4 66.4
Exit Long close 23-07-2018 1414.9 22.34 % 0.26 % 22.34 % 5.74 %
17 Entry Long long 16-10-2018 1257 1 272.4 1722.2 272.85 139
Exit Long close 26-07-2019 1529.4 21.67 % 0.27 % 21.71 % 11.06 %
18 Entry Long long 23-09-2019 1697.85 1 357.95 2080.15 357.95 266.65
Exit Long close 10-09-2020 2055.8 21.08 % 0.35 % 21.08 % 15.71 %
19 Entry Long long 11-09-2020 2063 1 446.05 2526.2 446.05 155.25
Exit Long close 09-12-2020 2509.05 21.62 % 0.44 % 21.62 % 7.53 %
20 Entry Long long 28-12-2020 2654.25 1 600.35 3126.55 600.35 394.25
Exit Long close 01-09-2021 3254.6 22.62 % 0.59 % 22.62 % 14.85 %
21 Entry Long long 29-09-2021 3365
Exit Long Open
Secret Indicator Analysis:
All Long Short
Net Profit 3126.55 3126.55 0
3.13 % 3.13 % 0 %
Gross Profit 3220.55 3220.55 0
3.22 % 3.22 % 0 %
Gross Loss 94 94 0
0.09 % 0.09 % 0 %
Max Drawdown 94
0.09 %
Buy & Hold Return 3835182.93
3835.18 %
Sharpe Ratio -1.894
Sortino Ratio -0.918
Profit Factor 34.261 34.261 N/A
Max Contracts Held 1 1 0
Open PL -138.15
-0.13 %
Commission Paid 0 0 0
Total Closed Trades 20 20 0
Total Open Trades 1 1 0
Number Winning Trades 19 19 0
Number Losing Trades 1 1 0
Percent Profitable 95 % 95 % N/A
Avg Trade 156.33 156.33 N/A
0.16 % 0.16 % N/A
Avg Winning Trade 169.5 169.5 N/A
0.17 % 0.17 % N/A
Avg Losing Trade 94 94 N/A
0.09 % 0.09 % N/A
Ratio Avg Win / Avg Loss 1.803 1.803 N/A
Largest Winning Trade 600.35 600.35 N/A
24.57 % 24.57 % N/A
Largest Losing Trade 94 94 N/A
20.02 % 20.02 % N/A
Avg # Bars in Trades 135 135 0
Avg # Bars in Winning Trades 138 138 0
Avg # Bars in Losing Trades 88 88 0
Margin Calls 0 0 0