ASIANPAINT trade ideas
Bullish viewAsian paints have bullish crossover and it's break there old resistance zone. it can be buy if its take support on breakout with sl of 2732, target is 2883 and 3105 or 3250
Asian Paints - BullishNSE:ASIANPAINT looks bullish and formed cup and handle pattern. If the momentum continues the price will shoot-up else will come for a retest.
Disclaimer : This chart is for education purpose only. I will not be responsible for your losses or profits.
#Asianpaint - Triangle pattern breakout Price after the big breakout formed a triangle pattern awaiting another break on Monday.
Resistance at 2800 - 2900 and support at 2544If 2800 is not broken then we may again reach 2544 and if broken down we may see 2323, 2260 and 2102
Asian paints may reach 2900 above in short termAsian paint formed a flag pattern and might reach 2900 plus in a near short term
This is for an education purpose and not a recommendation.
Target : 2900+
Symmetrical Triangle - Bullish ?? Depends on Q4 Result.Symmetrical Triangle Pattern.
Q4 Result on 12th May, stock is shown very less movement and in a range before results.
Wait for the confirmation breakout ,get confirmation from Volume as well to prevent false breakout.
flag pattern in asianpaintafter a huge breakout in asianpaint it forms flag pattern. trade the breakout side.
Asian Paints 1h time frameContinuing from my last analysis, since Asian paints has been consolidating inside the triangle and at the same level, there is clear weakness in stock. The MACD and the MA averages shows lower strength in the stock. I am bearish on this one, lets wait for the market to give the conclusion. Wait for a clear breakout and a clear confirmation or rejection.
Trade wisely...
ASIANPAINTS : Nice Buy for short termMy wave analysis suggest a nice buy for short term..
Either the target is Yellow arrow end or the blue arrow end..
Happy trading..
Trade ONLY on BO.. as HTF - the stock can go down to 2500 levels.. so be careful.
ASIAN PAINTS - Fresh Journey BeginsStock has crossed above the Ichimoku Cloud and seems set to head back towards its All time High.
From another perspective , one can also say that there was a breakout from a Pole Flag pattern on the day of Breakout.
ASIAN PAINTS LOOKS POSITIVEASIAN PAINTS had had a correction from its all time high.
ASIAN PAINTS was consolidating for a while.
ASIAN PAINTS is on short term uptrend and formed a symmetrical triangle.
ASIAN PAINTS now just broken the upper resistance of triangle expecting a bullish movement above CMP.
Let me know if you have any suggestions or recommendations.
Thank you.
Disclaimer :- Just an idea not any recommendation
Study 5: Ascending Triangle - ASIAN PAINTSThis is Just for study purpose. ASIAN PAINTS seems to be a ascending triangle breakout. Will closely observe and will analyse where to jump in for this trade.
asianpaints bullish butterflylong fresh only when candle closes above trendline target 2804 and beware on yellow line if you are already long
asianpains bullish butterflyresult is due on 12th may. long with stop loss of trendline for target 2663-2674
Asian Paints - Bullish SetupAsian Paints looks like setting up for a bullish breakout from the triangular pattern.
Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional assistance to the extent you believe necessary. The trading strategies or related information mentioned in this article is for informational / educational purposes only.
Asian paint - Triangular pattern I have posted Asian paints formed a Head and shoulder pattern on May 11th 2021. Looks like it is not in a mood to break the neckline (How sweet :)). Now we are getting a triangular pattern and it has already given breakout (from red trendline) within the pattern with good volume. If all stars are aligned, this may give break out from the resistance. These are my analysis and not a signal to buy. Cheers :D
