Asian Paints stock is making ascending triangle and in the pattern stock is making falling channel Also Wekkly RSI is around the support which says we are around the support Stock has strong support around 2800-2850 Also stock never breaks the weekly strucuture we can see huge bounce from these levels One can expect to give returns of 30-40% in coming...
Reasons To Enter : NSE:ASIANPAINT 1. Stock about to breakout after consolidating for a almost a month . 2. Crude Oil is going down , so considering the inverse correlation between crude oil and paint stocks , we can see demand going up as oil gets cheaper . 3. Stock closing above both 50-9 EMA 4.Breakout , retest already done . Now price might go up...
Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Symmetric Triangle 📌 Symbol/Asset: ASIANPAINT 🔍 Description: Stock is in a pattern formation. Support is around 2850-2900 and we can see huge upside after breakout of the resistance. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Asian Paints is in a consolidation since 2 years. Pattern formation : Symmetric Triangle. Stock has corrected almost 25% from its highs. Support Area is coming around 2850-2900 Targets are coming around 4750-4800
Kansainer is the stock on my watchlist. As we have seen a good bounce from support in other paint stocks like Indigo paints and Berger, we can expect a similar upmove in this stock too. Currently, it is in wait and watch.
the paint giant with a 60% market share after a tough year again marching towards an all time high arena
possible trend reversal possible as the chart suggests-logic and levels well mentioned in the chart itself
Berger Paint Best for Swing Trade Opportunity Buy = 604 SL = 590 Target = 625, 630, 635 Time = 8-10 Days Gain Expected 4.5%
looks like asian paints is geared up for new all time high. got good rejection from 3300. so we will keep this as stop loss. final 3550 short term target. once ATH is broken then 4000 also possible.
wait for support. w pattern and double bottom ressistance becomes support and break down stock is below 20/50/100/200 day moving average
already break support line in previous trading session which show more negative trend and rsi also in negative trend so wait for rsi reversal from trend line ressistance wait for next support line.
This counter has given a breakout from revious high and is going up slowly. Currently consolidating at these levels and seems to be ready for INR 720+ or even much higher than that
After in the tight zone Berger paint tries to breakout from the zone. If candle loses above the Trendline we can expect a good move in this stock. Entry will be around 840-846 Sl below the trendline Target 3-5%
enter after rally touch 600 see the chart i draw carefully ,Do like ideas , do follow me for more ideas on other shares like Asian paints , L&T , etc.. this is just An idea .
its time to see Asian paints 3000 above target 3000+ sl 2796 (intraday ) / 2774 (long term )
A Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for...
The silent stock from paint industry i.e. Berger paints is almost ready to boost like a rocket. It has formed an triangle chart on daily time frame and just check the volume on 14-05-2021. A potential big move can be seen and target is clearly marked on the chart with purple rectangle for further reference.
Asian Giant consolidating bwtn 2650-2680 and we might see breakout upside/downside in coming days. Support at 50 DMA, if it breaks the next support at 200 DMA. If increases- then levels at 2775/2875.