ASIANPAINTS BUY-INTRADAY(15/12/2021). Price touches multiple times 3300-3309 levels
.so buy above 3310
. 15m candle should be close above 3306 then buy
. targets you can use pivot points
ASIANPAINT trade ideas
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
Intraday analysis for 14-12-2021 - Short Asian PainsAsian Paints Ltd has formed shooting star candle on daily time frame. The stock looks good for intraday trading. Short Asian Paints below 3270 with SL 3300 for intraday. Book profit as per your risk.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Asian PaintTechnical analysis based on Trendlines & Price action
Use it just for reference and do your own analysis
Asian PaintTechnical analysis based on Trendlines & Price action
Use it just for reference and do your own analysis
Asian Paints on BULLISH trendif it cross above 3310, can consider for LONG TERM
Expected to reach 3680 level
Before landing @3680, intermediate levels are shown
Corrections can expect at these intermediate levels
If it reverse from the current level, levels below the current levels shown.
ASIAN PAINTS Dated 11 dec 2021 CMP 3283 breakout with triangle pattern will make it touch 3600 levels fast. This is for educational purpose I would not be responsible for your profit and losses. THANKYOU.
[Turtle] Asianpaint : 3000 pe sell 3000 PE when price goes above blue line
SL : hedge position or cover position when bep reaches
ASIAN PAINT important levels for long term investmentASIAN PAINT important levels for long term investment
Asian paintsAsian paints took good support and has given a breakout in daily timeframe.
We can expect a good move of 7-10% .
This is just for educational purpose not any recommendation.
Asian PaintEarlier rejection from 50MA,but support taken and bonce back, if sustain above 50MA, then i am expecting a breach of Trade line, and start of upward journey
RSI also near the trade line Breakout, If stock and RSI both will give Breakout, then stock will move much higher.
Its defense stock too, so in a bad market it works.
Asian paint - sell on risesell from 3193 to 3209
easy tg - 3145
tg2 - 3075
Disclaimer : This is my personal analysis for study purpose not intended for trading
ASIANPAINTS ANALYSIS 08.12.2021BUY : 3030 TO 2785
TARGET : 4060 TO 4302
Reason For Buying This Script :
In this script it forming Elliott wave in monthly time frame. Try to buy at lower levels is has good potential to move further up to 40 %.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.
ALL THE BEST ..
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Asian Paint LongWill try to make some position in Asian Paint once it breaks the 1hr trendline. Reason for trade:
1. Support taken at long term trendline.
2. LL LH structure is broken.
3. Daily trendline is broken.
Note - This is my personal view only for educational purposes and I am not a SEBI registered expert. Follow your financial advisor for any work in the stock market.
head and shoulder in asian paintdoing my first chart pattern analysis posting hope you like and correct me if any mistake
Horizontal resistance breakout in ASIAN PAINTSGood volume green candle
Horizontal resistance breakout
Lowr supportive trendline
Levels marked in charts
Target 8-10. % for swing trade
Only for educational purpose
Combining Time cycle+Channel+Candle-stickI tried putting Elliot wave label on Asian paint daily,weekly and monthly chart and couldn't come to any logical conclusion,as the uptrend didnt followed any fib rule's neither did any major swing have an internal structure similar to elliot pattern cumulatively which could make an elliot pattern.
Never the less i have shown channel on the monthly chart which seems to be acting as good support and rasistance and as an investor who likes safety and decent return and who does research on it's own look's for good entry point where he can invest his money.
This can be achieved by plotting simple channel's across the chart connecting bottom's with bottoms and top;s with tops.Add to it i have tried plotting time cycle with 58 month period and it has also captured low's on most of the occassion.
Price moving near upper channel and lossing momentum has resulted in minor corrections and an investor should wait for prices to come near channel support levels for entering into a stock.Here i have shown several top's where prices were nearing upper channel line and has given bearish reversal candle stick pattern near upper channel line signifying weakness in near future.
observe when in the candle next to reversal candle low's of reversal candle is breached a meaning full correction has given good opportunity to investor enter into a stock,also top's are formed during the first 60-70% time of the cycle(not every time but in general) and we are already in that time zone of current cycle.
To sum up,price have reversed from upper channel line and has formed grave stone doji top reversal pattern in last month and in this month we are seeing follow through selling when we breached previous month's candle's low along with time cycle approaching top forming time zone hence long positions should have a definate stop-loss depending upon one's risk apetite as we are seeing top formation characteristics on monthly charts.
Fresh long's is not advisable at this point of time,on the downside level of 2250 remains crucial support.If in coming 4 months we get close below 2250 then we can assume that we have formed a significant top at 3500 level which would not be breached easily and would take significant time to overcome.
Disclaimer:I am posting this analysis just for my future reference purpose,positions should not be build or exited on the basis of this analysis.
