ASIANPAINT trade ideas
Asian Paints Ltd - 25.06.2021Asian Paints Ltd - 25.06.2021
The stock has made an all time high of 3092.85
There is a Spinning Top in daily chart
There is RSI Bearish Divergence in weekly chart
There is Stochastic Overbought in weekly chart
Prices are @ ema
one can initiate a sell position when prices go below 2970 with stoploss @ 3020
Asian paint for 23.06.2021understanding trades through support and resistance, asian paint can give good downside move tomorrow.
avoid trade if its opens big gap up or gap down.
CautionAfter a fantastic rally, #AsianPaints has made a #BearishEngulphing chart pattern on daily scale. Below 2990 one may think of booking partial profits whether he is interested to #Short or not.
ASIANPANT BULISH BY FIBNACHI RETRACEMENT THERE IS DECENT TARGET ADD ASIANPANT AT NEAR EMA 8, 13, 21, 34, OR 200 WMA AT 1HR OR 1D .
I AM NOT A SABI REGISTERED ADVISER .
THERE IS ALWAYS GOOD TIME TO INVEST IN GOOD STOCKS.
THANKS
Asian paint, Tata consumer , Deepak nitrite,equity option, hedge position, for 21.06.2021.
you may hear some speech fumbles due to having cough and cold, sorry for the inconvenience.
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)
