Asian paint, Tata consumer , Deepak nitrite,equity option, hedge position, for 21.06.2021.
you may hear some speech fumbles due to having cough and cold, sorry for the inconvenience.
Asianpaintslong
Asian paint Swing trade idea#Asianpaint #asianpaintlong
Asian paint may give a good 1:2 R:R trade.
Entry=2955 Sl=2918(HCLB) Target=3048
Disclaimer:- This is not financial advice, This is my personal trade.
asian paint -for 10.06.20211. looking good to buy above, 2950, targets - 2962, 2977. SL-2941
2. looking weak below 2934, targets - 2921, 2906. sl- 2944
3. void if opens big gap up or gap down
$ASIANPAINT - Amazing Breakout from rounding bottom pattern- $ASIANPAINT shown a good breakout with volumes at 2880 levels
- Many paint stocks have gained momentum
- Breakout of a rounding bottom pattern
- Entry levels can be made afte a retest to 2880-2900 with a stoploss of 2730
- May show some bullish behaviour initially but may lose some momentum afterwards
* Only for educational purposes
Asian paints might be ready to rumble for a bit #Episode1 Classic symmetrical triangle now at the verge of breakout ..... breakthrough gap up = buy with a small risk or a power candle on 15min would do it .... u can hold this trade as it is on a good support zone .... Happy trading. :)
Also, a breakdown = no trade at all on the sell-side. wait for the right time, let ti show u the right pattern :)
Don't take a risk of more than 2 to 3 % on capital depending on the hit rate.
AsianPant, coming out of Inverted Head and ShoulderAsianPant, coming out of Inverted Head and Shoulder
Asian Paints Analysis First, 2260 acted as a resistance on 6th Nov'20 and it acted as a support on 26th Feb'21 and moved up from the support.
Second, if I apply the fibo retracement from 1912, you can see that market rejected the 61% fibo level at 2260, so again it touched the support and moved up.
Third, there is a bullish head & shoulder made from 1st Feb'21 to 25th March'21, 2483 being the neckline, 2260 the head, and approximately 2367 are the shoulders.
Now, if market rejects the bulls at 2513, then our next support could possibly be the 50% retracement at 2378.
We can set our sl below the support line, i.e, 2260.
So, trade accordingly.
This was a little analysis made by me for a long position.
Further, rightly said by many, "don't trade what you think, trade what you see on the chart."
Thank You.
Happy Trading.
Beginner's analysis.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.
🎨 AsianPaint 🎯 #asianpaint #nifty #bankniftyNSE:ASIANPAINT
at crucial level if break then will touch below level and if reverse from here one can long from here as well.
******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.
Asian Paints looks good at CMPThe analysis is given on the chart
Comment if you have any query and if you like my analysis, don't forget to press the like button.
I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefully!
Grateful!🙏
Asian Paint :: Taking support at 38.2% retracementIn the daily chart, we can clearly see that Asian Paint is taking support at the 38.2% Fibonacci retracement level. Take long positions guys for the target of 2520.
🎨 AsianPaint 🎯 #asianpaint #nifty #bankniftyNSE: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.
Asian Paints - Bullish breakout in ascending triangleNote: 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.
ASIANPAINT INVESTMENTAsianpaint has come out of consolidation and has given a breakout from triangle pattern.
It has crossed its ATH(All Time High) with good volumes.
Its an evergreen stock and sector. A large cap and must be there in everyone's portfolio.
Buy them at this price and wait for good returns over the years.
ASIANPAINT LET ONE CANDLE OF 15 MINUTE CLOSE ABOVE 2070
AND BUY ABOVE 2076 CAN LEAD TO 2222.7 POSITIONAL WITH SL 2065
OR SHORT IF SEEN A BEARISH CANDLE IN 30 MIN TF AROUND 2070 REGION BREAKING THE LOW OF
PREVIOUS 30 MIN CANDLE
FOR 2021 TARGET INTRADAY
