ASIANPAINT trade ideas
Asian paints formed cup and handleAsian paints has formed cup and handle pattern. Falling crude prices would benefit the stock and can move above 3100. Enter above 2800 for a target of 3100 ++ and SL of 2688
Cup and Handle Pattern in Hourly TFLevels and Ideas given in the Chart.
Keep Patience and trade with reversal or Breakout strategy near POC level.
Try to understand psychology of market.
If you like the idea, do not forget to support with a like and follow.
Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst. Trade on your own conviction and please consult your advisor before investing.
#supportandresistance #volumeprofileanalysis #stockmarketindia #banknifty
Asian PaintsVery good counter
Opportunity for long term investors
thanks to oil price
Approaching Very crucial long term trendline
asian paintwait for support.
w pattern and double bottom
ressistance becomes support and break down
stock is below 20/50/100/200 day moving average
Asian Paint Asian Paint crude turmoil led by decreasing order rate from auto Industries looks decent to buy in the Long Term Trend line
ASIANPAINT- LONGNSE:ASIANPAINT
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio is 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose.
Asian paintstock may reverse from ressistance line so if you want to invest then wait for reversal from ressistanse line and wait for support.
rsi also near ressistance line and it may go for reversal from there.
SELL Intrday Asian paintSEll Asian paint @ 2742 TGT-2735-2730-2725 SL 2752. Support & resistance zone.
Hindustan Unilever - Bulls Counter attack Hindustan Unilever - Bulls Counter attack : potential swing up towards 2260 levels as long as it sustains above 2100 on closing basis.
Asian Paints - Bulls Counter AttackAsian Paints - Bulls Counter Attack : Potential Pull back towards 2905 levels as long as it sustains above 2560 on closing basis.
Asian paints bullishAsian paints is looking good for long trade. There is double bottom chart pattern with bullish engulf candle. Also high volume candle gone by low volume.
Daily MACD is up.
RSI is showing bullish divergence.
asian paintalready 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.
ASIAN PAINT BOTTOM IS COMING 2260-2300 BEST BUYPlease see the chart its self explanatory.
there is huge demand zone for such a best stock.
Buy in range of 2270 - 2350 Range it will give best returns in 1 year
THE GIANT IS GOING FOR DEEP RED PAINT (ASIAN PAINTS LIMITED)Asian paints is looking going more negative on weekly chart i want to accumulate so i draw this chart
ASIAN PAINTS LTD 15min INTRADAYIn this chart we can see that the price is forming an Ascending Triangle pattern. If it breaks the trendline below, we can go SHORT. But the global market indices are in GREEN today. So there is more probablity of breaking the RESISTANCE above. If it breaks, we can go LONG in INTRADAY.
Asian Paints - Long - Morning StarAsian Paints is in downtrend and it has formed a Morning Star pattern.
Volume is also good.
Trend reversal may start from here.
Presently it is at a very crucial support as indicated in the chart.
Trade Carefully!!
Asianpaints Long (10 June)Asianpaints Long (10 June)
RSI- 33
Hammer Candle at bottom with increased volumes
Buy at CMP- 2710
SL- 2625
Target- 2865, 2918
Join us, Learn more, Earn more
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
good for buying asian paintsstock is near old support from where breakout came looks good for long with small sl
Possible Reversal From SupportIt's possible to take the reversal from this point (support).
Buy between 2660-2700
Target - 2900, 3100++
SL - Below 2600 (Closing Point)
It is good to buy June Future and wait to get a nice profit. Today movement of Jul Future - 2660-2710
