Evergreen Market Leader Stock Asian Paints is again ready for longterm rally
-taking support on 200 ema
-tested multiple time upside resistance this time it should break it
ASIANPAINT trade ideas
asian paint ascending triangle flag pattern narrow range in weekly chart
not touch the resistant level as well as the support level
R1 3600 1st target
R2 3800 2nd target
ASIANPAINTWe can expect a breakout in Asian paint as it has sustained the price with good volume. we can expect a good 5 % to 7 % of return in coming week.
Asian Paints- ApnaAsian Paints- Apna
1) Trying hard to Break Resistance
2) Inclined Trend line forming
3) Hugh volume 15 min
Shooting star patternShooting star pattern observed on daily time frame chart of Asian Paints and will be seen going down in future
ASIANPAINT - SWING TRADE - 6th December #stocksASIANPAINT (1D TF)
Swing Trade Analysis given on 6th December, 2023 (Wednesday)
Pattern: SYMMETRICAL TRIANGLE BREAKOUT
- Upper Trendline Breakout - Done ✓
- Volume Spike Buildup Near Resistance - Done ✓
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #asianpaint
ASIANPAINT : Whats next ASIANPAINT :
Stock is on an uptrend from the past couple of weeks and trading above most of the moving averages on Daily, Weekly, and Monthly time frames.
However, looking at the chart pattern - we see from 2021 Feb - it's forming a triangle pattern - and a breakout on either side should give a good opportunity to trade.
Considering the market trend overall -- Add the stock to the watchlist and also check out the Open interest and movement of 3300 CE -- and catch the wave for the short term.
Based on which side the stock tries to break the triangle - play on long term.
This is my view only.
Asian paints breakoutAsian Paints, the stock is moving in an up-sloping channel on the daily chart. Stock is now very well placed about all its short-term, long-term moving averages. Almost four-five days consolidation breakout is already there on the chart. Long built-up is there on derivative data. So that Asian Paints can continue furthermore upside towards the 3400-3440 kind of level.
Asian Paints - Crude fall tradeWith paint industry being inversely proportional to crude..
A fall in crude prices should bode well for the company
Long above 3300 with SL below 3140.
Looks like it could explore the ATH again..
Asian Paints : Multibagger IdeaExciting Bullish Pattern Alert! 🐂
📊 Pattern: Symmetric Triangle
📌 Symbol/Asset: ASIANPAINT
🔍 Description: Stock is in a pattern formation. Support is around 2850-2900 and we can see huge upside after breakout of the resistance.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Asian Paints : Multibagger Stock AnalysisAsian Paints is in a consolidation since 2 years.
Pattern formation : Symmetric Triangle.
Stock has corrected almost 25% from its highs.
Support Area is coming around 2850-2900
Targets are coming around 4750-4800
Trendline breakout and retestAsian paints are broken the weekly trendline and retested the same, the upper targets are open now which are immediate swing highs first and All time high subsequently
A sharp rally likelyThe trading stock for tomorrow is Asian Paints. At this imp support at 3117 RSI is in the bull zone and the composite is giving +ve divergence. Since the three MA are going to converge we need to get our direction correct. Hence we will want to buy it above 3135 on an hrly close.
ASIAN PAINTS Accumulation ZoneIndia's favourite Paint stock is nearing a very strong Demand Zone. This can be a golden opportunity to accumulate the stock for long term. Do not miss this one.
Stop Loss: SL has to be below 2,700
Entry: 2,900 - 2,800 is a great accumulation zone
Target: ATH i.e. 3,500
$NSE:ASIANPAINT Will it go down further before moving up ?NSE:ASIANPAINT Will it go down further before moving up ?
Do your own research before investing or trading in any stock.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
$NSE:ASIANPAINT Painting all Green for next couple of days ?NSE:ASIANPAINT Painting all Green for next couple of days ?
Ignore if huge gap down or gap up.
Follow strict stop loss.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
$NSE:ASIANPAINT Will it be green for Asian Paints for next couplNSE:ASIANPAINT Will it be green for Asian Paints for next couple of days ?
Ignore if huge gap down or gap up.
Follow strict stop loss.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
Asian Paints
Buy Asian Paints with SL 2914.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
$NSE:ASIANPAINT Time to SIP AsianPaint for long termNSE:ASIANPAINT Time to SIP AsianPaint for long term
Ignore if huge gap down or gap up.
Follow strict stop loss.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
$NSE:ASIANPAINT Time to SIP ASIANPAINT. Buy for long termNSE:ASIANPAINT Time to SIP ASIANPAINT. Buy for long term at bargain price
Ignore if huge gap down or gap up.
Follow strict stop loss.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
Asian Paints : Bouncing Back
Marked are the swing levels of Asian Paints, it is likely to bounce back from here at 38.2% Daily Level. Please don't be in haste. Use moving average, and William's R% to execute.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses.
Asianpaint Correction StructureAsian Paint either in abcde or abc correction.
Right now, price is sustaining above support range. If sustains and move Higher High, then MAYBE it will go near 3230.
If the price, go south and inside the range zone then it should have to retest the resistance of range zone and then Lower Low. Target will be near 3080/-
