Asian paints long position apportunity Asian paints Flag & poll pattern and near to its breakout level
If break up side then long
ASIANPAINT trade ideas
Asian Paints long !!The stock is near its 52 W high of 3590. Once it breaks this level it will move up rapidly. The RSI is above 80. targets shown on chart.
ASIAN PAINT; likely to fall stay alertbook your profit already 40 percent gain; profit booking can come anytime stay cautious
#AsianPaints Harmonic worked perfectly#AsianPaints Harmonic worked perfectly. It's near to profit booking zone.
PRZ-2736
CMP: 2840 @ 26 May 2022
Building long position on Asian PaintsTranche 1 of 16 shares @ 2737
1. Market is in what stage - Identified by what kind of highs and lows that are being formed + movement of price w.r.t 21, 50 and 200 EMA
Price is on a downward trend with a major sell off this week
2. Is there any trend reversal in play?
1. No trend reversal in play
2. At important support or resistance - horizontal - Yes brought when crossed bg support downwards
3. At important confluence of EMAs + price + support - Yes - Near support and 50 EMA weekly
3. How are the candlesticks behaving and what is the volume doing
Decline in price with large selloff volume
4. Is there any trend continuation in play?
Downtrend looks to continue
5. Is there any pullback or breakout in play with volume confirmation from a strong horizontal level (support or resistance)
No
6. Fundamental factors in play
1. EPS growing quarterly and yearly due to revenue growth and OPM growth... Q3 2021 was fantastic
2. Are institutional investors/promotors increasing their stake - No movement in shareholding 75% help be promoters and FIIs
Short and Hold NRML on Friday This is very Trendy Stock From Last few weeks This Has been rally a lot than it should be now its time To go in consolidating phase But we can not say when this happen This time i saw a good opportunity To short it its been weak now to short i There has been small rest where it could came so fast if on mon morning will be negative I shorted it on 3491 keeping sl of 12rs which is 3503 and tg of more than 100rs which is 3350
ASIAN PAINTASIAN PAINT gonna hit ath soon as crude cools down & its time for paint sector to outperform
Asian Paint Double Bottom Breakout in Weekly ChartLooks like double bottom break out in weekly chart and break out happened in weekly. So look bullish for next weekly
Asian Paints Channel Breakout!The Strategy Aims To Generate Long-Term / Short-Term Positions When The Price Breaks Outside Of An Established Trading Channel. When The Price Breaks Out Of The Upper Or Lower Line, It Signals That A New Directional Move Has Started – Up Or Down.
Buy ~ 3165, Stop ~ 3050, Target ~ 3350, 3400
#Asianpaint cash : Looks good resistance at 2940-2955#Asianpaint cash -Positional call
11.07.2022
Strong resistance at 2940-2955
sustain above 2955
will go 2985-3020-3100-3200
Stoploss 2870
Cmp 2933
ASIAN PAINTS - 28th July 2022Stock hitting resistance zone -
Below Resistance Zone bears can try to dominate and above the zone bulls may come in.
Plan accordingly
ASIANPAINTS LOOKS BULLISH ABOVE RESISTANCEASIANPAINTS has broke its trend line with high volume and is currently trading near its resistance.
It is looking bullish if candle sustains above resistance.
You can go long in ASIANPAINTS after doing your own analysis.
ONLY FOR EDUCATIONAL PURPOSE..
Wedge pattern breakout in ASIANPAINT. Stock Name: ASIANPAINT
Chart Pattern: Wedge pattern
Time Frame: 1D
Entry: Breakout Entry @Above 3100
Targets: Breakout target @3975+
buy trade in asian paintsasian paints..... after breakout triangle pattern ...chart started moving upward direction ....forming a red candle..(means sales pressure or profit booking took place there...but that is easily broken and reached to a new level....so this is how we took trade
Asian Paint Buy above 3066This stock breaks the trendline with good volume. It also breaks the strong resistance line. In weekly char it has created flag and pole pattern.
Buy above 3066
stoploss : 2912
Target: 3475
I am not SEBI registered analyst. This is for educational purpose. Please follow your own analysis.
Asian PaintsAsian Paints Gap wil act as resistance one can plan short below 3000 sl 3100
Disclaimer :- I am not SEBI Registered Analyst Kindly consult your financial Advisor before taking any financial Decisions
Asian paint to take long entryAfter continuous falling today on the hourly chart we have seen a bullish Engulfing candle at the support level. This indicates a high probability that stock can turn up from the current level. long entry can be taken @ 3012 for the next 100-150 points. SL can be placed below the support level. This is for your educational purpose only.
Break outNSE:ASIANPAINT
Breakout with volume support and breaking pattern like head and shoulder.
Thanks...
ASIAN PAINTS lONGASAIAN PAINTS LONG:
Entry above : 3100
RIsk takers can enter at CMP.
Targets ,4000,4800
SL 2500.
Asian paints can be up NSE: ASIANPAINT
If Breaks Then The Targets could be Taken at 3074
Time Frame :- 1 Day
Patterns Name :- Inverse Head and Shoulders
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
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Made By MAYANKTECHRESEARCHING
Asian paints formed cup and handleAsian paints has formed cup and handle pattern. Falling crude prices would benefit the stock and can move above 3100. Enter above 2800 for a target of 3100 ++ and SL of 2688
Cup and Handle Pattern in Hourly TFLevels and Ideas given in the Chart.
Keep Patience and trade with reversal or Breakout strategy near POC level.
Try to understand psychology of market.
If you like the idea, do not forget to support with a like and follow.
Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst. Trade on your own conviction and please consult your advisor before investing.
#supportandresistance #volumeprofileanalysis #stockmarketindia #banknifty
