ASIANPAINT trade ideas
ASIAN PAINTs - Inside Candles formation, Range getting narrower The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Asian Paints - Short Term Buy - 21 April 2022Hi,
Asian Paints looks good technically and can give returns in coming days.
Best buy is above 3175 with SL of 3050 and target are 3450 and 3590.
As of now Daily MACD is on the verge of giving a buy.
RSI is above 50.
Its above monthly Pivot Levels and is ready to scale higher levels in coming days.
We can buy it for short Term gains.
Disc : For Educational Purpose.
Asian Paints Short termAsian Paints seems H&S in Weekly
ASAP Impulse move breakout may happen
concentrate if price sustain above 3178 in daily
Asian Paints LtdAsian Paints Moving as the levels marks on chart its reverse from the support trendline draw on chart, our view on Asian Paints is bullish for long term if your trying to do SIP then its an good stock to buy on every dip
Asianpaint can go Down in Wave 5.Above is the view of #ASIANPAINT which can go downward from 3100-3120 range, of smaller blue Fibo 0.786 as one can see in above chart,
Also which can be the area to short the price & start of the 3rd mini wave of minute wave 5 .
Please take in consideration, If the high i.e. 3163 is broke then the counting is Invalid.
Note - View's provided are for Educational purposes only, please do your own Research.
Asian paint view for next week 11/04/22.Asian paints on weekly time frame is near its 0.618 fib levels and has closed over its 20 ema.
Stock seems bullish on weekly chart and on daily time frame the moving averages has given a cross over.
It seems as the stock is in accumulation phase.
Support :- 3090, 2974
Resistance:- 3281, 3357
Wait for the price to break the levels and sustain the levels.
Swing and intraday trades can be planned as RSI show a nice momentum on the upper side.
Asian paint @ 3206 target 3300+ levels soonAsian paint is trading above the key resistance zone of 3150 levels and has good open interest longs buildup hence may target 3300+ levels shortly.
selling zone if its cross and long position would be createi belive that if its cross 3130 level and sustain that level then only i buy otherwise i would prefer selling only on high level stock is already streach a lot if monday morning if crude oil price fall sharply then i may buy on price action lets market decide where it want to go i dont think crude oil should stay below 100 dollar so i am deciding on monday what should i choose once its stay above 3130 and crossed 3154 then i again add some quantity so that is my trading plan
ASIANPAINTS : Long Positional BUYMy wave analysis suggest a nice buy coming soon..
Wait for a reversal and then a correction on M15 and on top of this only take a buy trade, not before.
Not sure whether i will be able to update here on time or not.
Happy Trading. Hope you will all make good money.
Asian paints 1d time frameinverted head and shoulder pattern in making breakout soon keep in watch
note :- only for learning purpose not a recommendation
ASIANPAINTSLong can be initiated above 3131 with 2% SL and 8% target. It is showing Volatility Contraction Pattern criteria as the movement is getting shallow day by day
Asian Paints LtdSupport levels (Previously Asian paints taken support and Resistance )
- 3030-3040
-2610-2640
Resistance Levels (Previously Asian paints taken support and Resistance )
- 3300-3320
Asian Paints taking resistance of trendline which is mention in the chart.
Red or Green paint with Asian Paint LongNSE:ASIANPAINT
Entry Rs 2910 to 2930
Target 3150
SL 2865
Time: 3 weeks
CMP 2930
Qty: 50 Shares
Asian Paints ltd started moving upside after a long downfall, recently formed demand zone in 1 hr time frame. Buy and hold
Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice
Asian Paint -Intraday 23.03.2022Asian Paint Intraday , follow levels and trade, avoid trading in big gap up or gap down.
My 9 treading 💹 RULES-1- price action above all.
2- if you are always thinking about trade that means that trade is bad.
3- emotional & mental health is important.
4- check all time frame.
5- give your trade enough time.
6- you doesn't need to trade every day.
7- learn to plan and structure for every trade.
8- 2 hours for search for a best trade.
9- don't believe anything you read until you have tested and tried it out for yourself.
ASIAN PAINTS : LONG TERMLeader in Paint Industry , Make Part of your Long term portfolio in this correction
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis
NSE:ASIANPAINT trading bullish @ resistance.NSE:ASIANPAINT
#NSE:ASIANPAINT trading @ resistance, post retracement/BO confirmation chances to show good momentum.
Potential marked for practice, not for trading.
Happy LEarning.
#ASIANPAINT#ASIANPAINT
Harmonic Pattern
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
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NSE:ASIANPAINT trading @ resistanceNSE:ASIANPAINT
#NSE:ASIANPAINT trading bullish @ resistance good above 2891
Happy LEarning
