my view on Asian Paints as I can see a double bottom patern and as per my double screen decision also gives me a bullish signal so the targets for the same are
T1- 3303.40
T2- 3589.75
ASIANPAINT trade ideas
Do Not Buy ASAIN PAINTSThere is good volume justification in this stock to go down. Along with NIFTY CONSUMPTION sector, It won't be able to sustain this level sooner or later. BREAK DOWN from 200 Moving Average on Daily Time frame makes stock very weak.
SELL BELOW 3000/2950
STOPLOSS AT 3200/3300
TARGET FOR 2700-2600
BUY ASIANPAINT ABOVE 3158Asian Paints looking good Buy if sustains above 3157 for the upper marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Only for study purpose ... Pink lines - Fib levels ...
Price gave closing above .618 level, If he crosses high of hammer candle we will take entry.
Targets are as shown in the graph and if the price crosses an all-time high there is also one more target.
Were taking entry on the basis of the support zone of FIB level and Hammer candle and there is a big support of 200 EMA.
ASIANPAINTASIANPAINT CMP 3147 looks good or reversal from CMP can add more till 3015 weak below 2850
asian paint is Supoort on 200 EMA.& form green candle also on last trading session . also stock is on trendline support also.
Long #Asianpaints for TGT - 3500, Swing Trade- Reason - 150 DMALong #Asianpaints for TGT - 3500, Swing Trade- Reason - 150 DMA
Asian Paints Cmp 3275 dated 21.1.2022 SELLAsian Paints Cmp 3275 dated 21.1.2022
1. Trendline breakdown@3230.
2. Inside Bearish Candle.
Sell at CMP for a Tgt of 3225-3185-3120-3075
SL 3325
It is just a view, pls trade at your own risk.
ASIAN PAINTS - simple trade swing longStock has been trading above weekly trendline from past 2 years.
whenever it touches trendline, it takes good support and bounces back.
Entry at trendline support on closing basis and bullish price action like pin bar or engulfing we can enter.
Even we can sell OTM put or we can create bull call spread, it will give you good returns (RISKY) .
Please follow proper risk managment.
DISCLAIMER: For education purpose only, do your own analysis or consult your advisor before taking position
AsianPaintsRecently Asianpaints tested it 20DEMA, and gave breakout through volatality contraction patterns. Now price is at Breakout level again, is it a retest of breakout? only time can tell.
Low Risk Reward opportunity setup can be formed if price moves up from here
Asian Paint LongGot Long in Asian Paint
Reason:
Upward sloping triangle breakout.
shall be doing pyramiding.
Note: Don't follow my trade. I am not a Sebi register advisor.
Looking good for higher targets!3300 is solid base for ASIAN PAINTS now. As long as it's saved on DCB, we can see 3500+ in quick time.
Titan - at risk point for bigger fallTitan is taking the support.
If it breaks the support, then then it can see a big fall again.
Be careful. Wait and watch because the volume is good for bearish candles
NSE:TITAN
ASIAN PAINTS LEVELS AFTER BREAKOUT?Asian Paints has given the breakout of previous high and we expect the stock to reach to upper marked levels.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
NSE Asian Paint (EWT): Money printing time
Asian paint has started the impulsive sub-wave 'iii' of wave 5. Price has crossed the high of wave 'i', which is the signal of impulsive behavior of wave 5.
A long position can be initiated after a pullback when price penetrates on wave 'i' to take support. And that cannot be a barrier for long-term investors. They can jump on it.
But if you are a short-term investor or safe trader, you may lose this opportunity due to waiting for a pullback, but this is the only way to manage risk.
But if you want to moderate risk here, you may lose the opportunity due to waiting for a pullback.
Target: 3342 - 3454 - 3505 - 3581
Invalidation: l ow of wave ii
I haven't mentioned sub-waves of wave 'iii' because it hasn't taken shape. I will re-upload this chart soon.
Previous Idea:
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AsianPaint: Flag pattern with head and shoulder patternAsianPaint: Buy For short term
near breakout of Flag pattern with head and shoulder pattern..
wait for breakout..
levels in chart..
AsianPaints - Breaking out ATHAsian paints has been outperforming Nifty recently
Breaking out of ATH
MACD Histogram turning positive
ASIAN PAINTeducational idea
Asian Paints has given the breakout and we expect the stock May go for given target levels . to inspire us,Please like the idea If you agree with the analysis.
Asian paints Bullish Asian paints Strong weekly closing
which indicates Bullish momentum may continue.
Trading Idea #2 For week starting January 10 #ASIANPAINTTrading at all time high. CMP is 3576.30. Made a new all time high which is backed by good volume. It is a long candidate with STOP LOSS 3496 and TARGET 3750. Risk Reward ratio from current level is 1:2.16
