ASIANPAINT trade ideas
Triangle Breakout consolidation inside a triangle with volume getting low
Target: 3060,
SL : 2928
P.S: This is NOT an investment advice. This is for only educational purpose. Invest your capital at your own risk.
Asian paints Darwis breakoutNSE:ASIANPAINT
Stock trading bullish for the few days and noted ATH record
Created Darwis box and now breakout given an opportunity to trade
Resistance breakout with high volume, Good above the entry level and can hold short to medium term as stock noted good results both technical and fundamental wise.
Red or Green Asian Paints color will decide soon NSE:ASIANPAINT
make or break level are coming soon, supply zone is formed with an indication of formation of double top, very strong candle will only give new support with a new all-time high otherwise bears will going to party hard
Asian paint Swing trade idea#Asianpaint #asianpaintlong
Asian paint may give a good 1:2 R:R trade.
Entry=2955 Sl=2918(HCLB) Target=3048
Disclaimer:- This is not financial advice, This is my personal trade.
Asian paint above 3000(hourly closing)Price and volume contraction pattern in asinpaint
IF closing given above 3000 then we may see sharp up move
as huge oI at 3000(which is likely to unwind if cross 3000)
Above 3000(hourly close)
target 3090-3160
good support near 2975-2950
Please maintain SL closing basis
Risk 1-3% of your capital(so plan position sizing base on this)
My trading view ideas past accuracy (for traget-1 ) around 71%(Please maintain your SL)
Asian PaintsOn hourly time frame asian paints is forming a triangular pattern and also taking support on the 50 ema which is very important level.
ASIAN PAINTS at its support Buy at 2347I will buy ASIANPAINTS because :
It has been taking support at the trend line .
It has touched the support.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 2347
Target : 2800/2882
Stop loss : 2150
BUY ASIANPAINTBUY ASIANPAINT
2940-2950
TARGET 3300
STOPLOSS 2750
EDUCAION PURPOSE ONLY (TAKE 1 -2 MONTHS)
