Asian Paint LongAsian paint making Fibo levels as per the chart. Levels are marked on the chart.
I think Asian paint should easily make 3140 before feb expiry.
ASIANPAINT trade ideas
ASIANPAINTS. looking very good at this point and very strong trendline downside
. and also form W pattern in bottom.
. only educational purpose
Asian Paints Buy1 Weekly Doji Pattern
2 Double Bottom Pattern
3 Multi Trendline Support
Buy Above 3040 SL 2900 TGT 3500
Technicals + Fundamentals matching perfectlyWhy go long?
Rebound from support @ 2950
The bull run is ON, with good opportunities wiping out quickly, as the markets become overvalued.
Available at a sustainable valuation, with technical analysis indicating to go long.
Minimal downside, next support @ 2720
Good management
Worst case targets:
Short term target (1-2 quarter) @ 3500
Long term target (3-5 years) @ 8000
AsiaN Paints Short time BreakoutAsiaN Paints FNO
1) Cup and Handle
2) VCP
3) Don;t know how it reveals itself, lets see together and ENjoy
Asianpaints Entry, Target EXPLAINEDAsian 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 TA
Indenpendent Trader/Trainer
I am not SEBI Regd
Only for educational purpose.
Asian PaintsAsian Paints is the largest home decor company in India.
Asian Paints group has some of the leading brands under its umbrella -
like Asian Paints, Sleek, Berger, Weather Seal, Apco, Taubman, Kadisco, Scib etc.
Its a Fundamentally strong stock
Its near its 52 Week low.
Near 200 EMA on weekly chart (White Line).
Supports are marked with green horizontal lines.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Volume is increasing.
Dividend giving stock.
Promoters holding good.
Less promoters pledged.
reserves are more than debt.
Levels:-
Buy 2860 - 2685 - 2490 - 2255
Stoploss 2080
Swing & Positional Tgts 3400 - 3580
Long Term Tgts 5000 - 8000
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
Technical Analysis on Asian PaintsAsian Paints chart indicates good Support and Resistance Concepts of Technical Analysis and the W Pattern, also known as the Double Bottom Pattern.
#asianpaints #wpattern #doublebottom #nifty
Sailing and making fixed returns every month The stock is trailing in a range from last 8 months , we can make some gaains in this trail, more likely for 13% or lucky then you can get 6.5% more of it in every 30-35 days...
BUY ASIANPAINTS AROUND 3000Asianpaints 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 ready for upside move buy given at 2950On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
ASIANPAINT : Added on to the existing positionAdded on to the existing position for about 1.25% of the net capital, when a descending pattern was formed. This summed up the total holding to about 2.5% of the net capital.
The details of the initial entry is specified in a previous post which is attached underneath. Do check that out too.
Asian Paints short term long The way sellers got absorbed and even a big bullish push, this is how a new trend starts, but not in FEBRUARY...... anyways we can trade the short term long opportunity with a small SL... GL
"Calculating the risk reward before entering a trade is always the right thing"
double bottamstocks has taken good support on bottam looks good for up move
only for education purpose
not for recomdation
#Asianpaint cash : Looks good above 3025.10 & dips 3000#Asianpaint cash -Positional call fpr 4-6 weeks
15 Feb 2024
Looks good above 3025.10
and dips 3000-3005
Stoploss 2950
Target 3165-3220
Cmp 3016.55
Head and shoulder in Asian paintA very nice and bullilsh pattern has formed in Asian paints at a support level. This is the classic head and shoulder pattern and the price is just breaking out from the neckline. The target is the depth of the pattern but it is possible that we see a lot more rally. In what has been a weak market it is good to see a bullish breakout.
#AsianPaintsNSE:ASIANPAINT
Inv H&S breakout above 3335
Watch out for retracement near the neck level for entry.
Asian paints looks at a good support zoneAsian paints looks like getting good support.. reversal from here can give 1:4 reward..SL 2900.. target 3300
THE BEST FLALYING STOCK FOR A MONGTHTHE BEST FLULYING STOCK FOR A MONGTH
Here the priseaction simplyed
ASIAN PAINTS stock showing heavy bullish trend
according to the following reasons
1 its clearly mentioned the Trend line
2 strong support zone
and due to some foundamental analysis
its gonna be a best stock for this mongth as a
skyrocket
it moves are like chandrayan 3 to moon
i mean a roket from the lable 2949.00 too
3449.00
😀
its called mission chandrayan
from earth to moon
with full speed
asian paints on its wayasian paints its sitting at its support line targetting for it next resistance line
Asian paints buy positional near 2900 Target 3200, 3500 +On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Accumulate in Asian PaintsFor investors seeking decent returns without significant risk, Asian Paints seems a viable option. Consider accumulating shares in each Dips , aiming for a target range of 3430-3490.
Asian Paints Support ZoneAsian paints at support Zone. Stock with overall good fundamental. Also do not mind holding for core portfolio if the trade rebounds from the support zone. will exit with a small stop loss if the support breaks with good breakdown candle and volume. Will also intraday hedge if the support breaks down.
Disclaimer: Not an investment advice, just my personal trade dairy. Please do share your views in the comment so we all can learn together from different perspectives.
