AsianPant, coming out of Inverted Head and Shoulder
Asian Paint Likely to test 2620 in Coming days ?????
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...
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 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.
The 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...
In 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.
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.
Asianpaint 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.
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
NSE:ASIANPAINT W has a clean BO followed by PRC + PCC giving a clear bullish bias. D has a clean UT 75m has a BO of a SW movement and a retest. Swing long candidate
06-09-2020 POSITIONAL CMP 1956 BUY ON DIP BREAK OF 2000 TGT 2020-2040-2060-2100-2150-2200
Note: This is for educational purpose only. There is a triangle bullish breakout in Asian Paint with high volume. RSI above 60 shows bullish momentum as well.
Buy Above green line T 1800,1850,1900