Asian Paints - What is my state?Check the volume around 3322 and
3292. The strong volume clusters around 3322 and 3292. The state would still remain NEUTRAl for some time.
Note: Check the bule dotted lines for support and resistance lines.
ASIANPAINT trade ideas
#Asianpaints Asianpaints #Swing trading Good opportunity to go up side on asian paints after consolidation of 1 month given break out. Volume also above 10 days average volume.
RRR: 1.6
Entry: 3292-3280
Target - 3494
SL - 3177
AsianPaintHere, is the chart of AsianPaint.....
Target has been mentioned....
Educational purpose only..
Buy Asian PaintAsian Paint is in Bullish trend and after ralling from 2700 to 3568 it retraced around 3155 which is 50% fibonacci level and now again started moving in its trend direction. It is continuously moving up in last 5 sessions even though Nifty broader index is drifting down. Once can buy around 3310 with stop loss 3180 for target 3500
Asian Paints - Monday move predictionThis move can either happen on next two working days. It may pull back around 3242 to bag some volume and it has strong volume support at same. If you at volume clusters above 3272 is very less, so it move towards 3336 and may take breath for some time as there is a strong volume.
Note: Avoid mode indicators and Think simple.
Kalyan
big move for long in ASIANPAINTSbig move coming in for asianpaints for long side . buy it very good opportunity . keep stoploss around 3 % and minimum profit around 8 precent risk reward more than 1:2 .
Asian Paints - Long- Exact Entry Level 3235.1
Asian Paints - Levels have been marked on the chart. Don't be greedy at all and don't try to open the market. Levels may not come on 21st of September, then wait till 22nd. Please adhere to the exact level, Date and time marked by me.
Disclaimer:
I am not a SEBI Registered Analyst. Consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
ASIAN PAINTS - HERE I AM GOINGHow do i find the direction (It may help to the guys who wants focus on chart rather than indicators).
Time frame : 75 min
1. Have considered alternative color candles(ex: A (green-red-green) or (red-green-red)) noted the highest high and lowest low of those candles. That would become the range bound for now. If the price closes below the lowest low of those candles, then it move toward the DOJI which is marked below (3149-3162) range.
Notes: Mostly DOJI candidates (Find in the chart marked "D") acts like source and destination of a price in the given time.
Market likes you only when you start "Thank simple"
ASIANPAINT - Weekly AnalysisIn the Weekly Chart of ASIANPAINT ,
we can see that, there are 2 possibilities for upcoming momentums.
Trade where market takes the stock.
Asian Paints stock direction1. Timeframe: 75 min
More details
1. I have marked Engulfing candles in yellow color.
2. Have taken the length(body range of the engulfing candle) of the engulfing candle body and drawn it in red color line above it. That can act like support and resistance. One of the ways to trade without any indicators.
Asian Paints3300 level to watch for long side.. higher low formed need to go above the recent swing high for me for low risk entry
Exciting Bullish Pattern Alert! 📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Symetric Triangle
📌 Symbol/Asset: Asian Paints
🔍 Description: Symetric Triangle & Prices are around Law of Polarity Support zone !!
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Trade & Investment idea for Asian PaintsHere I have shared the imp trendline for Asian Paints closing above 3280, which will start a rally on the upside.
festive season and paints lagging - not a good ideaAsian paints looks good to accumulate from here.
Todays low can be kept as safe stop loss for longs.
Tried to mark my counts on the charts, if the count is correct we should see this stock making some fast moves towards north.
All the best.
Asian Paints -Live Market Analysis Ready to Bounce BackPlease wait for third candle of 1h means after 12:05 preferably 1:15 make a decision.
Reason to consider is that you can see it has almost completed retracement of previous swing and if have to remain bullish, this is the only place.
Asian Paints - Marching Ahead
First level is to watch for is Previous swing High in the Daily chart. If that is not broken and 3252 is the R! resistance level in 1H chart and projected targets are marked on 1H Chart.
Please donot act in haste. Wait for proper levels to come.
I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision.
Thank you
Let you succeed. May! I follow you.
ASIAN PAINTS BREAKOUT POSSIBLE ?ASIAN PAINTS:- GOOD OPPURTUNITY OR MONEY TRAP
Currently ASIAN PAINTS is trading not far from all time high investors cane get 6% easy return but what are the probablity of making new all time high???
BELOW ARE THE POINTS THAT CAN HELP YOU.
As you can see daily and monthly MACD cross over are giving bullish signal.
Also from historical monthly data candles fail to give breakout above 3550 level.
But at that time MACD and RSI conditions were net that favourable as it is right now.
So as per my knowledge it can became an idle condition for candle to breakout above 3550 levels .
Also with that there is a good support at 3150 level(200 DMA)(pivot points fibonacci)
Also if you invest for 6 months share has potential to give you 30-55% return as company always have good december quarter
Technical indicators
1. Heikin ashi bullish(daily,weekly,monthly)
2. Rsi (50) strong momentum
3. Rsi + linear regreesion (oversold zone)
4. Ichimoku clouds thick green
Fundamental analysis
1. Company is fundamentally strong
2. Quarterly sales are growing gradualy
3. Material cost is reducing every quarter
4. Due to which profit are rising quarterly
5. Company every year gives highest revenue in December quarter (can wait till January to get >25% returns) as result will come around that date.
6. Company has highest market share
7. ROCE and ROE good
8. Have more than enough reserves to give bonus
ALL THE ABOVE POINTS ARE AS PER MY KNOWLEDGE.
I APPRECIATE YOU FOR SHARING YOUR THOUGHTS ON THIS IF ANYTHING OR ANY POINT HAD BEEN LEFT OUT
Festival season : U turn Asian paints has bounced from support and showing signs of reversal. It probably can rally upside due to upcoming festive season demand esp in Home decor segment.
A good buy for investors!ASIAN PAINTS has retraced 50% from it's recent high of 3568. The RSI has also cooled off and the stock seems to be making a bottom now at 50% retracement/200 EMA.
This looks like a good RR set-up for investors - No Intraday here.
Buy above 3250 on day closing basis. Put SL below 3130 day closing basis.
One can hold this and trail till 3568 level.
Learn & Earn,
Dr. Tanya Kumar
Asian Paints Short Term TradeThere is a bearish breakout in asian paints, with a high vol confirmation on breakout candle
Tgt and SL are marked on chart
Asian Paints - Life time Analysis 3,185.35 critical Level
Two parallel lines drawn in sky blue color are important. Buy only if the upper line is broken. Please check my other posts on the Asian Paints. Link provided.
The Author uses Gann, Fibonacci and Wave Analysis along with his personal unique indicator which avoids complex PTV (Price - Time and Volume Analysis).
Analysis is one part and the other most important part is execution. Please use Williams R%, RSI and SMA, EMA for proper execution in lower time frames of 4h, 1H and 15 minutes.
Disclaimer: I am not a SEBI Registered Analyst. It is just for educational purposes. Before making any decision, please consult your financial Advisor.
Happy to share. Let you grow and I may also, following you.
Thank you
