Asian Paint : Trade Plan 29 Sep 2022Levels as mentioned on the chart Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind by DhirajSinghBais6
ASIAN 'PAINT' ready to break 'PENNANT' !!!ASIANPAINT is ready to breakout from a decent consolidation which was under construction for more than 1 month. It has formed a pennant pattern after a strong up move and now it seems that the stock is ready to resume the up trend again. The rising RSI further confirms the strength of the stock. Longby Chaser30Updated 447
ASIAN PAINTS INTRADAY ANALYSISAsian paints have been range bound and today it gave a huge breakout and broke 2 minor resistance levels. Despite the overall market was in a bearish momentum the stock showed good strength. A buy can be initiated as there is a closing above 3600 levels in 5 or 15 min charts. Caution should be exercised as a profit booking might occur, in such a case avoid going short. Longby AviralDubey013
On the edge of BreakoutPlease consider for your education Consolidation near breakout Breakout with good volume Longby PankajPatidar_chartCorner0
Buy asian paints looks Good around 3550-3560asian paints breaks out around 3540 3560 can accumulate it with stop loss of 3400Longby akshay_irpanwar111
#Asianpaints #FlagAsian Paints 1D: This one is getting ready. Retested BO trend line twice. Formed flag and gave BO. Not participated in last 2 days fall. RSI gaining a strength. Buy between CMP - 3350. SL 3300 Tgt 3700 - 3800.Longby MakarandK221
Breakout Possible in Asian PaintHello Friends, As the prices of crude oil dropping the scrip is moving higher high. Now the scrip is trading near ATH and getting it self ready for another breakout to reach ATH. Consolidating near resistance and forming a Flag type pattern. Once the resistance is broken then we may see a strong up-move in this scrip, #Note -The purpose is for analysis for education and not a trade recommendation, We don't give any guarantee of Profit or loss So trade on your won risk. Longby TheStocktrader_Skn0
asian paintAsian Paint looks good above 3372, could expect 3600 in upcoming trading session. domestic consumption theme and fall in oil price to bode well for this stockLongby Kapildsrawat110
ASION PAINTS ....asian paints .... 1 - forming inverted h&s pattern 1hr time 2 - bo given and retest also done 3 - due to festive season paint demand high 4 - crude oil price down 5 - day and week time frame forming flag pattern . buy short bullish trade buy above 3450 t1 t2 t3 Longby rajat_chandan0
ASIAN PAINT RISING WEDGEhello friends as you can see that now asian paint in 15 mint chart making rising wedge so please wait for breakout support with good volume then you can take sell position i hope you like my idea thank you.Shortby SoyabAhamad0
Asain Paint Ltd Technical AnalysisAbout Set up in 1942, the Asian Paints group is the largest paint manufacturer in India also engaged in the business of manufacturing of varnishes, enamels or lacquers, surfacing preparation, organic composite solvents and thinners. It operates in 15 countries and has 26 paint manufacturing facilities in the world serving consumers in over 60 countries. Besides Asian Paints, the group operates around the world through its various brands viz. Asian Paints Berger, Apco Coatings, SCIB Paints, Taubmans, Causeway Paints and Kadisco Asian Paints. It also manufactures metal sanitary ware such as bath, sinks, washbasins and similar articles. Recently introduced Lightings, Furnishings and Furniture thus adding more products in the Home décor and Interior PROS Company is expected to give good quarter Company has a good return on equity (ROE) track record: 3 Years ROE 25.8% Company has been maintaining a healthy dividend payout of 52.6% CONS Stock is trading at 23.7 times its book valueLongby TradeWithAplus116
Asian Paints Flag and Pole was formed in 1hr TF, the target has almost been achieved. There is a crucial level of 3563 is a strong resistance. Price increasing and Volume is decreasing also indicates bearishness. On top of the trend price is forming a bearish divergence. On a daily timeframe, there is a inside bar formation. Shortby VaibhavG1910Updated 334
SOON TO GO ALL TIME HIGH!!!Chart perfectly adhering to pattern ..Super consolidation is seen We can expect a sustainable breakout with huge volume soooooon.(if broad market maintains momentum). Target can be 3900-4000. Exit when day candle closes below yellow horizontal line. It should not take much time as it is a stock with great momentum recent times. Lets wait and watch. NOTE: Just for knowledge ... not a tip nor advice.Longby mmjimm111
head and shoulder breakoutbuy=3423.45 target=3534.90 stoploss=3338.35 head and soulder breakout Longby Akashp007Updated 1
Asian Paint Short Opportunity !The Price of Asian Paint is in a Supply Orderblock. Sellers may step in here !! This analysis is based on Smart Money Concept.Shortby Future_Billi0naire_220
Asian Paints Ltd. (ASPN) Tradingidea Asian Paints Ltd. (ASPN) near breakout level once this trend line break with high volume asian paints move more upside. BUY above 3518 upside 18% movement possible. upcoming months sep oct nov festival session going to start so it will boost the sales in asian paints and profit also. Thank you.Longby mcesravi20120
Asian paintShort aisan paint below 3300 Swing trade with sl 3415 With 2 target 3110 , 3050 Based on price action Disclaimer - I'm not responsible for profit or loss consult your financial advicer before any investment or trade Shortby vishalbabel220
AsianPaint INTRADAY STOCK TRADING PROFITKINDLY SWITCH TO 5MIN TIME-FRAME Used my Analysis on 15min chart. Traded on 5min Time-frame. After Breaking of Resistance saw volume in the candle and traded it. Profit Booked 1:2.5 Keep following Liking I will give trading setup on weekend.Shortby SardarGMarkerTrader4
ASIAN PAINT could touch 3200 anytime soonthe breakdown and the completion of 5th wave cycle indicates that asian paint is set to big down move make short with stoploss placed aroud 3450Shortby KapildsrawatUpdated 0
Effect of crude oilBrent crude oil has crossed the mark of 99 , since we know that the rise in oil prices leads to pressurization in paint prices, Asian paint looks weak though. enter as previous day low breaks for the target of 3281 and 3188. I am not sebi registered , you are responsible for your profits and losses.Shortby yashdugar00090
Asian paints for educationalOnly for educational purpose. All level of 50 EMA in daily, weekly and monthly marked.by VR_Securities4