Asian paints has been downtrending and consolidating for a while. A breakout has been observed from the consolidation along with positive divergence in momentum. Therefore we can expect the trend to change. Current entry is 3000-3005, target 3060, Stoploss 2970 This trade is recommended with a 1:2 RRR Happy Trading Yamini Prabu NSE&NISM Certified...
Asianpaints again taken a support from previous demand zone and expected an upmove towards 3280 odd levels until 2900 is intact on the downside closing basis. Please like the idea If you agree with the analysis, your like will motivate us to share more ideas on Tradingview. Happy Trading! InvestPro India
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...
Bullish Harami with Volumes in Daily TF Made at breakout retest zone Inv Head and Shoulder can be seen. Breakout on 12th June was also with volumes. Entry can be at CMP with Target 3400 SL below previous day Red candle at 3240
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.
Asian paints has created double bottom on hourly chart. Also their is RSI Bullish divergence seen. It has also given breakout above the trend line. We can go long once it break above the resistance at 2924. Target will be 3036. Keep the Stoploss at previous swing low or low of the breakout candle.
Asian paints after consolidating in a parallel channel has given a break out of the zone and closed above the box. The stock on the daily time frame has closed above both the moving averages. For the intraday trade, the stock has formed a flag and pole pattern on smaller time frame. On hourly time frame, the stock has given a close above 20 and 200 emas. 3...
Asian paints on the daily time frame is forming a bearish flag type of pattern. The stock has been consolidating in a parallel channel. There is a bearish moving averages cross over and stock price is taking rejection form the 20 ema. 3 point confirmation. 1. Bearish flag on daily time frame. 2. Bearish moving average crossover. 3. 50% fibonacci level...
Hello Friends, As the prices of crude oil dropping the scrip is moving higher high. Now the scrip is trading near ATH and getting it self ready for another breakout to reach ATH. Consolidating near resistance and forming a Flag type pattern. Once the resistance is broken then we may see a strong up-move in this scrip, #Note -The purpose is for analysis for ...
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.
Looks like a bullish flag pattern has formed on asian paints chart in all time frame. Entry could be taken after the breakout is confirmed. Looks good for positional trade.
Asian paints has been consolidating in a parallel channel. The stock has formed a bearish flag and pole pattern on daily time frame. The volumes are getting low. Support:- 2830, 2743 Resistance :- 2920, 2970 The stock if breaks down can give a nice targets. The stock will be good for a bearish trade and watch for the price action near the levels before...
Asian paints had traded in a narrow range whole day after a initial up move. On a daily anaylsis, the stock has broken its both crucial moving averages with a nice volume confirmation and can remain in green. It has been taking resistance from its 4 hour 200 ema and has formed a doji in the end. Immediate resistance are the high the points from where it...
Asian Paints Moving as the levels marks on chart its reverse from the support trendline draw on chart, our view on Asian Paints is bullish for long term if your trying to do SIP then its an good stock to buy on every dip
Support levels (Previously Asian paints taken support and Resistance ) - 3030-3040 -2610-2640 Resistance Levels (Previously Asian paints taken support and Resistance ) - 3300-3320 Asian Paints taking resistance of trendline which is mention in the chart.
Asian Paint Intraday , follow levels and trade, avoid trading in big gap up or gap down.
high : 10/10/2022 : 3,590.00 low : 19/03/2020 : 1,431.20 75 % : 3050.30 50% : 2510.60 25% : 1970.90
*Long Opportunity* - Asian Paint has formed sending triangle pattern on 15M timeframe. The CPR is narrow and upside, it also indicates the uptrend. If this stock crossed the level of Rs. 3278.50 then this will give a strong bullish move. Also, the Day chart and Week chart is showing the uptrend.