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ASIAN PAINTS LTD.ASIAN PAINTS LTD.ASIAN PAINTS LTD.

ASIAN PAINTS LTD.

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ASIANPAINT trade ideas

Asian Paints: Turnaround PotentialAsian Paints has been following its Time cycles on weekly chart exceptionally well. As u can see everytime it enters the time cycle zone (red lines) it forms a low and rallies. Price and Time confluence - is the most important way to trade markets. Majority of us are focused only on prices but not on time which is essential for trader to trade profitably in markets and with consistency. Expecting asian paints to reverse on upside as time is right and prices should follow. Price action above 3030 will confirm that this stock has bottomed out and ready to reverse on upside.
NSE:ASIANPAINTLong
by Chinmayonniftyy
Asian Paint 09 Feb, 2024 UpdateDisclaimers:- The information provided on this channel is strictly for Educational purposes only & is not to be an advice or recommendation of any kind whatsoever. Anyone who wishes to apply concepts & ideas contained in this channel takes full responsibility for their own actions. Viewer should always do their own due diligence on any information perceived from this channel, to form their own opinions & best judgements. The author accepts no liability for any damages arising directly or indirectly on account of any actions taken based on the information provided in this channel. I am not a SEBI registered.
NSE:ASIANPAINT
by StockViewWithDev
1
Asian Paint - Rounding Bottom PatternAsian Paint is about to complete the formation of Rounding Bottom. Rounding Bottom pattern will activate only after the breakout of the Neckline - 3040 level Rounding bottom chart pattern is a bullish reversal pattern which is formed at prior intermediate support level and hold this level from 2021. Long trade will initiate only after the neckline breakout. Stop Loss would be the prior swing low before breakout. First target would be the depth of the bottom pattern, Calculate depth and add the depth from the neckline level
NSE:ASIANPAINTLong
by Arvind_Share_Academy
Asian PaintsAsian Paints is the largest home decor company in India. Asian Paints group has some of the leading brands under its umbrella - like Asian Paints, Sleek, Berger, Weather Seal, Apco, Taubman, Kadisco, Scib etc. Its a Fundamentally strong stock Its near its 52 Week low. Near 200 EMA on weekly chart (White Line). Supports are marked with green horizontal lines. Resistances are marked as red horizontal lines. Stoploss is marked as orange horizontal line. Volume is increasing. Dividend giving stock. Promoters holding good. Less promoters pledged. reserves are more than debt. Levels:- Buy 2860 - 2685 - 2490 - 2255 Stoploss 2080 Swing & Positional Tgts 3400 - 3580 Long Term Tgts 5000 - 8000 This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
NSE:ASIANPAINTLong
by MasterTrader1949X