Paints
BERGER PAINTS LTD --- BREAKOUT - Celebrate Colors BERGER PAINTS LTD --DAILY CHART SETUP -- BREAKOUT --Let's celebrate colors
1. DAILY trendline breakout seen above 575 sub level ,
2, LOWER CHANNEL breakout seen on daily chart
3. RESISTANCE breakout also seen above 575 level
4. CCI , EMA positive crossover seen .
5. Moving Avg , MACD Bullish, RSI near 60 level, strong bullish .
6. BUY Above Resistance breakout level 575-580 AT near cuurent cmp TARGET 600-620-650 + ( 1-2 month ) stop loss 540
7. RISK reward ratio 1 :3
** THIS IDEA IS FOR EDUCATIONAL PURPOSE . trade at own risk !
* LETS CELEBRATE COLORS ..HAPPY HOLI.
HAPPY TRADING !!
Asian Paints BO Retested Asian Paints Breakout Retested. It is running from two days. So tomorrow might be sideways. Rally begins from ext week.
Kansai NerolacFalling crude prices are giving a boost. Excellent volume breakout. wait for retest and enter for a good reward.
quick trade buy asian paints buy at 2680 around
sell target 2800
its a deep oversold
rsi is 7 in 15min candle and rsi <15 in 1 hr time frame
plan your risk to reward correctly :
asian paintsASIAN PAINTS CMP 2918
stock is at strong support zone of 2800-2850
and bouncing from 200DMA
can initiate longs
Asian PaintsI will be looking for long term buys in Asian paints, Price can reject from current Daily Supply Zone and mitigate the Breaker block from there it can shoot up OR price can break the current Supply zone and retest the zone once again from there it can shoot up
POSITIONAL BUY BERGER PAINTSBUY BERGER PAINTS
Disclaimer: All Charts are for educational purpose. Please consult your financial advisor before investing.
LONG ON BERGER PAINTSA festive season is around the corner and people start to renovate their infrastructure (homes, factories, offices, etc.) and I'm eyeing Asian paints and Berger to capitalize on this consumtion.
BERGER PAINTS: Bullish Triangular waveBuy on dips near the level of 770 , keep sl of 740 and look for the target of 840/870's .
KANSAI NEROLAC PAINT | BULLISH | TRENDLINE BREAKOUTKansai Nerolac Paint bullish in daily time frame.
Buy around- 610 to 615
Expected Price Target- 680
Positional View.........
Asian Paints Upcoming break out As i have drawn , it is clear tracing supports and resistances to lines , so we can exapact clear break to upcoming new high.. do follow me for more ideas on other shares like reliance , L&T , et c.. this is just An idea .
A pattern you would love to trade | S01e03A wedge pattern is a strong retracement after a big move .... always good to trade on such lvls when broken 50,100 and 200 demas.
Asian Paints Buy above 2420 Asian Paints:
Buy above 2420 SL 2385
Target: 2436, 2452, 2468
Posting for Educational purpose only
If my analysis appears OK then please LIKE, FOLLOW and SHARE to get more future ideas
Long position on Asian PaintsIn the chart, we can see a formation of rounding bottom along with double bottom chart pattern. RSI Divergence supports the bullish view. Long options can be bought. Asian paints can be seen touching the levels of 2800+ by the last week of March.
Asian paint stock studyI have been studying stocks for the past couple of months (6 months) to be precise, and have been learning different types of chart techniques.
Have been looking at the Asian Paints stock for study purposes and this is something that caught my eye.
If we consider the uptrend that the stock has been doing and, look at the short term downtrend, can this be considered as a breakout?
Please, note that I am not a professional trader, and am looking just for increasing my knowledge before I step into trading.
All comments are welcome.
BANK NIFTY GAVE 75 % ON OPTION AFTER A CLEAR GAP UP AND STRONG CANDLE
IT CONSOLIDATED AND TOOK FIBO SUPPORT
AND AFTER BREKOUT ON EXTENSION STRATGY
IT GAVE PHENOMENAL ON CALL OPTION POSITION
BERGER PAINT1) Looking to reverese from trend line to 20MA
2) OI of future also fell on friday
3) Asian paints is also consolidating at 1400 levels
4) SL 337
MyAlgo: xRWave-Blaster: Intraday call:20Jun-ASIANPAINT-ShortBased on my "xRWave-Blaster" predictive trading methodologies, its going to be a RED candle on 20-Jun-2018 for ASIANPAINT
Sell Below(5Min candle close): 1266 for targets -
T1: 1256.5
T2: 1250.8
T3: 1244.9
SL: 1276.1
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
