ASIANPAINT trade ideas
ASIAN PAINTS... LOOKING GOODA good triangle had formed again in the charts. Watch for breakout tomorrow. Looks good for targets 3080 and 3130 within the next one week.
ASIAN PAINTS 3025 BUY
Stop-loss is currently set at INR 2,940.
TARGET SHORT TERM INR 3,290.
LONG TERM 3665
[POSITIONAL] ASIANPAINT LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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ASIANPAINT holding support 2965Only take a trade using any price action patterns on closing basis, use 15 mins chat, and please don't trade in options with my levels.
Asian Paints: Intraday Analysis 15minAsian Paints forming a Descending Triangle on the 15-minute chart. The price a squeezed to the maximum forming lower highs and is now on the verge of giving a breakout/breakdown.
Stocks to trade on 9th August 2021Breakout and Pullback Patterns ( Delivery and Intraday) on 9th August 2021
Asian paint for positional and intraday for 9 august 2021Asian paint is at its strong supports you can go long in it or wait for the touch zone support. Intraday on 9 aug 2021 you can go long with the sl of 25 if you see 5 min green candle at 9:20. or if you got bullish candle in morning you can put your sl near low or the day.
ASIAN PAINTSBuy around 2850-2900
Targets are mentioned on charts.
It's just a view DO your own research before investing/trading.
Asian Paints: Intraday Analysis 15minAsian paint forming a descending triangle on the 15-minute chart. Will be giving a good move on the next trading session. Be prepared in advance for whichever side it goes.
ASIANPAINTS - Weakness seen below 2980ASIANPAINTS -Should start an upmove if 2980 sustains. Weakness seen below 2980
Asian Paints: Shorting for target of 2798. Take entry at 2940Hello Traders,
One can short Asian paints when a 75 minute/60 minute candle closes below 2945. The target of 2798 should look achievable if there is no reversal from weekly resistance (blue line).
Entry price: Short at 2940-2945
Target: 2798
SL: 2994/3031 Depending on risk appetite. I would go for SL of 3031 to avoid being taken out by any Wicks.
Disclaimer: I have already attempted the trade on Friday and shorted the current month Future Contract at 3976 (Around 3963 in cash segment). Although I entered it at high risk but it looks very much strong from chart.
Happy Trading.
Asian PaintStock is on consolidation mode and taking breathing which can lead to the great move ahead. Its taking support multiple times at 3002 which is a crucial level for the stock. It's forming a Flag pattern on Weekly charts. Buy on the first Breakout for higher returns. Targets can be 3100 for short term and 3200-3400 for the long term positional view.
Asian paints Cash stock good for Long entry Above 3100.Asianpaint looks good for long entry after breakout
Taking Support At 3080-3100.
Entry Above 3100.
CMP 3083
