asian paints- long weekly chart shows IB formation
likely to break all time high
10 % minimum target from current price
ASIANPAINT trade ideas
ShortAfter very good run up, this counter looking weakness maximum up side 3425 to 3450,
Crude oil also 80$, very negative for paint stock
If last hours low break then we can see sharp down move of 3% minimum,
Looking for Long In ASIAN PAINTS for the upcoming financial year+ stoploss is Less from the current level and reward is high
+ fundamentally good stock available at discounted discount
+ #harmonic pattern suggest reversal signal on long side
+ trade with proper logic and not greed
asianpaint towards an all time high! the paint giant with a 60% market share
after a tough year
again marching towards an all time high arena
ASIAN PAINTS 1HR
ASIAN PAINTS Looking good for upside..
When it break level 3301 and sustain.. it will go upside...
BUY@ 3301
Target
1st 3320
2nd 3342
Enjoy trading traders.. Keep add this STOCK in your watch list..
Investor are welcome..
Inverse head and shoulder breakoutit has created inverse head & shoulder pattern and given breakout, in long term it should touch 3800, currently RSI is on upper level, we might see some short downside as well
Target - 3800
VIEW ON ASIAN PAINTSBreakout on the daily chart
Can show a good up move
Target 3320/2245
Stop loss 3275
I am just representing my views
For educational purpose only.
asian painttalk about knowlwdge of direction.
trend is your friend
trend is your friend until the end when it bends
Short opportunity into Asian PaintShort Asian Paint at 3562, keep your SL at 3586
with target of 3445. Target with strict SL.
ASIANPAINTS BREAKINGOUT WEEKLY BASISAsianpaints is brekingout a rounding bottom WCB
weekly volume is good RSI hott🔥
good for mid term expecting 3500+
educational idea only
ASIANPAINT SHORTENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Asian Paints W PatternAsian Paints has formed W pattern on daily chart. We can take a swing trade here.
Entry:
We can go long after close of strong bullish candle near neckline of W pattern.
Target:
We can keep Target1, Target2 near the next resistance zones as marked on chart.
Stoploss:
We can keep stoploss below the neckline of W pattern.
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ASIAN PAINT IS BREACKOUT ZONEASIAN PAINT IS BREACKOUT ZONE (if sustain in the same label it will give good move up side
Asian Paints Cmp 3200 Triple Top, Bearish Candle & RSI BreakdownAsian Paints Cmp 3200 dated 5-6-2023
1. Trippel Top Made
2. Bearish Candle @ Triple Top
3. RSI Breakdown
Sell below 3195 tgt 3175-3140-3110-3085 SL 3250
It is just a view, please trade at your own risk.
Asian PaintWeekly chart rsi above 60
macd above 0
price above 50 ma
daily chart price above 50,100,200 ma
macd crossed 0 just 1 day before
rsi above 70
above all make it perfect to buy for 3 to 10 days
VIEW ON ASIAN PAINTSGood chart
Stock has crossed its 12 MAY high
Add more once it crosses 3200 levels
Target 3225/3300
Stop loss 3140
I am just representing my views
For educational purpose only.
Asian paint to take long entryAsian paint in the consolidation stage can be expected a BO very soon. Long after the BO between 3140-3145 with SL of 3040. Target 3250-3300 can be soon. Keep the stock in your watch list. The structure of the stock is bullish. This is for your educational purpose only.
ASIAN PAINT DTFAfter analyzing Asian Paint's stock, there are indications that a potential breakout may occur in the near future. Several factors suggest that the stock's price could experience a significant movement.
However, it's important to note that stock market investments come with inherent risks, and accurately predicting breakouts or price movements is challenging. It's advisable to consult with a financial advisor or conduct further research to validate the analysis and make informed investment decisions.
asian paints- long for short term MACDS are bullish
price moving up from confirmed pivot support
target and stop loss given
Asianpaints : Horizontal resistance breakoutAsianpaints : Horizontal resistance breakout
Buy above 2987
Targets: 3023/3041
SL: 2970
Disclaimer: Im not SEBI registered, Contact financial advisor before any investment.
