Get started

Asianpaintsanalysis

Asian paints case study: using Elliott wave & price action. Asian paints had corrected more than 16% in just a month . After 101 days, the price is back to the strong support zone. Price has made a kangaroo tail/hammer candlestick pattern on the support zone. 200EMA is also near to price. Wave principle is also giving a similar explanation. There are three confirmations to find the ending point of wave four. 1. Price can take 61.8% retracement of the 3rd wave at 2782 , which is also a monthly support level. 2. Wave 4 can end nearby to support area. 3. sub-wave C of wave four is 161.8% of wave A at 2845 . If the price enters the parallel channel, we will get a candlestick pattern and support zone's demand pressure. 200 EMA is also supporting this statement, which is close to the price. Or we have to wait for the monthly support level where the price is getting support, but entry is not possible without any reversal signal. If the price isn't giving any reversal signal, the price will fall continuously. Violation: Wave 4 can never touch wave 1. (at 2692) I will upload an intraday chart with entry and targets the Asian paints soon.
NSE:ASIANPAINTEducation
by forextidings
3
ASIAN PAINTS SWING ACTIVATES ABOVE 3160Asian paints has taken support of the trendline. Bounced from 200 MA Sitting on demand zone Above flip level Making Higher highs Higher lows Healthy retracement of 78.6% done from last swing high Sitting above 61.8% fib support. Buy above - 3160 (closing basis) Other trades are going well i'll link them below. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:ASIANPAINTLong
by this_is_shoaib
NSE Asian Paint (EWT): Money printing time Asian paint has started the impulsive sub-wave 'iii' of wave 5. Price has crossed the high of wave 'i', which is the signal of impulsive behavior of wave 5. A long position can be initiated after a pullback when price penetrates on wave 'i' to take support. And that cannot be a barrier for long-term investors. They can jump on it. But if you are a short-term investor or safe trader, you may lose this opportunity due to waiting for a pullback, but this is the only way to manage risk. But if you want to moderate risk here, you may lose the opportunity due to waiting for a pullback. Target: 3342 - 3454 - 3505 - 3581 Invalidation: l ow of wave ii I haven't mentioned sub-waves of wave 'iii' because it hasn't taken shape. I will re-upload this chart soon. Previous Idea: ---------------------------------------------------------------- Show your love with likes and comments. Do follow for more Elliott Wave Ideas. ----------------------------------------------------------------
NSE:ASIANPAINTLong
by forextidings
5
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
NSE:ASIANPAINTLong
by gauravchovatiya
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
NSE:NAM_INDIALong
by gauravchovatiya
Asian Paint Daily Time Frame AnalysisAsian Paints Daily Time Frame Analysis Strong Base at 3150-3180 zone Minor Resistance at 3400 zones After profit booking session of 1 week expected a bounce from this base I have already initiated my position at 3200 with a stop loss of daily closing below 3170 Targets are mention on charts 1st target at 3500 as after this we can possibly see a double top so book here but if it sustain open its way for 3700-4000 TO THE MOON !! Time Frame : 1 - 2 Month
NSE:ASIANPAINTLong
by dsuraj32
ASIANPAINT pre-market intraday analysis and setup🎇Hello Traders👋 Today i have made a post on ASIANPAINT 1HR I hope you find this post helpful and informative👍 The targets and stoploss would be given in the charts or they would be according to pivot points Thank You —DISCLAIMER— I am not a SEBI registered financial advisor Please consider your consultant's advise a must , all the setups posted here will be considered as informative and helpful post I shall not be responsible for your profits and losses
NSE:ASIANPAINT
by profitpujari
Will ASIANPAINT breakout of the range?After making a high of 3179 on 20.07.21, ASIANPAINT has been consolidating in a range. It recently seems to trying to push upwards towards the resistance and has formed a nice bar which indicates a possible coming breakout. A long can be initiated keeping in mind the following levels : LONG ABOVE : 3115 STOP LOSS : 3048 TARGET 1 : 3182 TARGET 2 : 3249 _______________________________________________________________________________________________________________________________________________________ Do wait for a 15 min candle to close above the "LONG ABOVE" level with good volumes for a better entry. Do manage your risk and trade your plan. Like and follow for more. :)
NSE:ASIANPAINTLong
by Tradeception_
ASIAN PAINTS PRICE ACTION ANALYSIS. Asian Paints has crossed 3163 levels with high volumes after breaking the demand zone 2. For a better risk-reward ratio, we can wait for a pullback until 3163, which is expected to act as good support. Place your stop loss level below the demand zone 2. The XABCD bearish crab pattern sets a 1.618 fib extension level as a profit booking level for longs. Book your profits here and wait for the price action for a new position. All the levels and information is mentioned on the chart as well. Happy trading :) This is just for educational purposes. Trade responsibly with proper financial advice.
NSE:ASIANPAINTLong
by Sanjan91
4