BUY BUY BUY@Thakurji46 From Trader for Trader💸
Buying the Dips and Selling the Rips
#TrendAnalysis📈 #PriceAction👨💻 #ChartPattern✍️
ASIANPAINT trade ideas
Asian Paints broke Previous resistance & moved at all time highAsian Paints broke Previous resistance & moved at all time high
one can go long with small stoploss
Long in Asian paints (Low risk)This scrip is undoubtedly one of the fundamentally sound scrips, it is in an uptrend since its listing, so we may long this scrip when there's a correction from a breakout. Now, it had given a good breakout with strong volume. As it's a large cap scrip, we may not see much volatility here, so it's a low risk trade.
Swing traders can consider this scrip to long in CMP with SL just below the support (3265) with a first target 3666. RRR is around 1:1 which is a decent one consideing low risk trade.
There might be pullback to the support zone, try to average he cost to maximize the return.
Asian Paints - Short IdeaOnly for learning and sharing purpose,
Not a trading advice,
Please comment with your views.
ASIAN PAINTS
Target:- 3811
Stop Loss:- 3246
Duration:- 6 to 8 Weeks
The stock has already break the resistance line and test that resistance line again and used as a support line, showing a bullish candle, which is an indication of upside move. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave step by step
Asian Paint Buy 3281 T1 3291 T2 3302Please use trendlines for resistance and support. Do your analysis before taking any trade.
MeanRevert🔴 Stock made box or double top kind of formation in 75M around monthly pivot R2 3385.
🔴 Stock made price volume breakdown candle with volume surge of 135% of SMA25
🔴 Once stock trades and sustains below 3285 it can move towards the demand zone.
🟢 Multiple volume profiles created from AnchorSupport levels indicate stock has strong support near 2971/3025
🟢 Stock enjoys 38% Fibonacci retracement support at 2961 levels of the whole rally from 2260-3394.
🔴 Rising crude oil prices may be a trigger for some profit booking in the overstretched stock.
ASIANPAINT: BEGINNING OF A DECLINE?EDUCATIONAL:
Weekly chart is indicating topping out pattern BUT NOT YET CONFIRMED! Only when we have a nice red candle following soon, it will be confirmed. The daily chart has two red candles. It has dropped to less than 2% from lifetime high so surely it is too early to call for a correction but this scrip will be interesting to watch if further candles precipitate more price correction with increased volumes. The trigger for a big move can come suddenly, swiftly from anywhere. Worth watching...
ASIANPAINT - Price and Trend SetupStock holding on to key support near ATH, Price can test previous ATH if continue to rise along trendlines.
Long opportunity in ASIAN PAINTSThis scrip had been in an uptrend for a long time so we can add more quantities to this scrip whenever there is a dip or buying opportunity. This scrip had formed a channel pattern in 1Hr timeframe, though it is a smaller timeframe we hsve a buying opportunity in this scrip. It is a fundamentally strong scrip and gave a massive returns in previous years. So it is a risk less trade for swing traders who can hold it for months
ASIAN PAINTSAsian paints is taking support from 0.786 fibonacci levels, buy at cmp for 8% target price of 3664, stop loss at 3175.
Asian Paints Buy 3370 TGT 3380+Please use trendlines for resistance and support. Do your analysis before taking any trade.
ASIANPAINT pre-market intraday analysis and setup🎇Hello Traders👋
Today i have made a post on ASIANPAINT 1HR
I hope you find this post helpful and informative👍
The targets and stoploss would be given in the charts or they would be according to pivot points
Thank You
—DISCLAIMER—
I am not a SEBI registered financial advisor
Please consider your consultant's advise a must , all the setups posted here will be considered as informative and helpful post
I shall not be responsible for your profits and losses
Asian Paints - LongIf we look at the trend, William alligator confirms that the trend will continue . On the upside it might cross 3400 considering the volume and onn the downside it might revert back considering the zig zag pattern along the trend line.
Will ASIANPAINT breakout of the range?After making a high of 3179 on 20.07.21, ASIANPAINT has been consolidating in a range. It recently seems to trying to push upwards towards the resistance and has formed a nice bar which indicates a possible coming breakout. A long can be initiated keeping in mind the following levels :
LONG ABOVE : 3115
STOP LOSS : 3048
TARGET 1 : 3182
TARGET 2 : 3249
_______________________________________________________________________________________________________________________________________________________
Do wait for a 15 min candle to close above the "LONG ABOVE" level with good volumes for a better entry.
Do manage your risk and trade your plan.
Like and follow for more. :)
ASIANPAINT: Cup and Handle!ASIANPAINT is forming a cup and handle formation, with MACD in buy mode. I would go long with a target of 3350 and a stop-loss of 3010 on daily closing basis.
Asian Paint ASIANPAINT weekly chart
RSI & MACD showing strength, price action is very bullish with big marubozu candle
If momentum continues , the stock may head towards 3670-4550 region as shown by fibonacci extension in medium term if sustains above 3350
ASIAN PAINTSENTRY EXECUTED @3175rs
fresh entry can be done @>3340rs
sl @3265rs
one can find another breakout in short term
ASIANPAINT Double BottomRisky can enter into the stock at current level or wait for it to sustain above 3065, target 3600++
#BuyWatchList #ASIANPAINTSStock seems to be consolidating and can be bought on a breakout above 3319 if supported by volumes. Company has reported sales growth of 90%+ and profit growth of 160%+ in last quarter.
