Asian Paints Ltd. (ASPN) near breakout level
once this trend line break with high volume asian paints move more upside.
BUY above 3518
upside 18% movement possible.
upcoming months sep oct nov festival session going to start so it will boost the sales in asian paints and profit also. Thank you.
KINDLY SWITCH TO 5MIN TIME-FRAME
Used my Analysis on 15min chart. Traded on 5min Time-frame.
After Breaking of Resistance saw volume in the candle and traded it.
Profit Booked 1:2.5
Keep following Liking I will give trading setup on weekend.
📈 Asian Paints 📉
Asian Paints is breaking down from Support after 25May2022.
Earlier it use to be Resistance as well so it holds more bias.
So good stock for shorting, Possible targets on downside will be 2277 around levels.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you...
I 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...
Target:- 3811
Stop Loss:- 3246
Duration:- 6 to 8 Weeks
The stock has already break the resistance line and test that resistance line again and used as a support line, showing a bullish candle, which is an indication of upside move. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use trailing...
Hey traders,
Here's an analysis of ASIANPAINTS, the stock has given a breakout of the trendline.
We can expect some good upmoves, let's see, if it sustains.
Levels mentioned on chart,
Do your own analysis berfore taking the trade.
Guys, Keep supporting and guide me if there's any mistake or there to improve please comment.
NSE:ASIANPAINT
stock at support of Harmonic PRZ long only is you know reversal. use your own trade setup for long.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
Note: This is for educational purpose only. DO NOT trade in F&O based on this analysis.
There seems to be a bullish breakout with high volume in ascending triangle. RSI above 65 indicates bullish momentum.
