OPT-ASIPAI-30-Dec-2021-3080-PEBuy OPT-ASIPAI-30-Dec-2021-3080-PE at current price
Will update Sl shortly
ASIANPAINT trade ideas
Asian PaintsAsian Paints
By above 3205
Target 3263,3346,3503
Downside sell below 3145
Target 3067,2964,2956
#Asianpaint cash : Looks good around 3170-75#Asianpaint cash -Positional call
24-Nov-2021
Looks good sell around 3170-75
Stoploss 3210
Target 3130/3072
Cmp 3152
ASIAN PAINTS: Correction ContinuationAs per the current structure the rise is in three waves , means its not a starting of an impulse. As per the current scenario one should go short near 3180-3200 with SL of 3310 & look for the target of 3050/2900/2780
Narrrow CPR NSE Stocks for 23-11-2021NSE:ASIANPAINT
NSE:CIPLA
I NSE:INDUSINDBK
NSE:GRANULES
NSE:GODREJCP
NSE:RAMCOCEM
NSE:BSOFT
Asian paints Long Asian paints looks good here for a short term swing, it has just broken its trendline. Target levels mentioned on the chart T1:3193, T2: 3264, T3: 3351, T4:3393. I am not a sebi registered advisor/trader and the views are solely mine. Please follow a strict stop loss of 3023 after initiating the trade.
Buy between CMP to 3080 SL 2856 TGT 3497 and 3769Suggestions are based on my analysis only. Please do your analysis before taking any trade.
I have created a mathematical indicator and for that Asian PaintNSE:ASIANPAINT
Some Last Trades:
Trade # Type Signal Date Price Contracts Profit Cum. Profit Run-up Drawdown
14 Entry Long long 18-02-2015 839.1 1 181.35 961. 05 181.35 146.1
Exit Long close 01-06-2016 1020.45 21.61 % 0.18 % 21.61 % 17.41 %
15 Entry Long long 11-07-2016 1020 1 230.35 1191.4 230.35 168.9
Exit Long close 12-09-2017 1250.35 22.58 % 0.23 % 22.58 % 16.56 %
16 Entry Long long 12-10-2017 1156.5 1 258.4 1449.8 258.4 66.4
Exit Long close 23-07-2018 1414.9 22.34 % 0.26 % 22.34 % 5.74 %
17 Entry Long long 16-10-2018 1257 1 272.4 1722.2 272.85 139
Exit Long close 26-07-2019 1529.4 21.67 % 0.27 % 21.71 % 11.06 %
18 Entry Long long 23-09-2019 1697.85 1 357.95 2080.15 357.95 266.65
Exit Long close 10-09-2020 2055.8 21.08 % 0.35 % 21.08 % 15.71 %
19 Entry Long long 11-09-2020 2063 1 446. 05 2526.2 446. 05 155.25
Exit Long close 09-12-2020 2509. 05 21.62 % 0.44 % 21.62 % 7.53 %
20 Entry Long long 28-12-2020 2654.25 1 600.35 3126.55 600.35 394.25
Exit Long close 01-09-2021 3254.6 22.62 % 0.59 % 22.62 % 14.85 %
21 Entry Long long 29-09-2021 3365
Exit Long Open
Secret Indicator Analysis:
All Long Short
Net Profit 3126.55 3126.55 0
3.13 % 3.13 % 0 %
Gross Profit 3220.55 3220.55 0
3.22 % 3.22 % 0 %
Gross Loss 94 94 0
0.09 % 0.09 % 0 %
Max Drawdown 94
0.09 %
Buy & Hold Return 3835182.93
3835.18 %
Sharpe Ratio -1.894
Sortino Ratio -0.918
Profit Factor 34.261 34.261 N/A
Max Contracts Held 1 1 0
Open PL -138.15
-0.13 %
Commission Paid 0 0 0
Total Closed Trades 20 20 0
Total Open Trades 1 1 0
Number Winning Trades 19 19 0
Number Losing Trades 1 1 0
Percent Profitable 95 % 95 % N/A
Avg Trade 156.33 156.33 N/A
0.16 % 0.16 % N/A
Avg Winning Trade 169.5 169.5 N/A
0.17 % 0.17 % N/A
Avg Losing Trade 94 94 N/A
0.09 % 0.09 % N/A
Ratio Avg Win / Avg Loss 1.803 1.803 N/A
Largest Winning Trade 600.35 600.35 N/A
24.57 % 24.57 % N/A
Largest Losing Trade 94 94 N/A
20.02 % 20.02 % N/A
Avg # Bars in Trades 135 135 0
Avg # Bars in Winning Trades 138 138 0
Avg # Bars in Losing Trades 88 88 0
Margin Calls 0 0 0
ASIANPAINTS - could move to all time high again ASIANPAINTS - crossing 3150 decisively. One more buying session should push it higher. Could make all time high again.
ASIANPAINT BUYING OPPORTUNITYAfter a minor downtrend price had taken support from the previous support zone. Breakout above 3200 level will confirm the uptrend as it breaks previous swing high.
#Asianpaint cash : Looks good above 3190.10#Asianpaint cash -Positional call
15 Nov 2021
Looks good above 3190.10
Stoploss 3160
Target 3218/3248/3288
Cmp 3168.70
Asian Paint Swing tradeAsian paints looks good at cmp for swing traders. SL below prev swing low. 1:2+ RR can be obtained here.
ASIAN PAINTS SHORT-TERM SWING TRADE!Hi everyone, Asian paints short term swing trade consider buy above 3,910 targets 3,350 & 3,505 stoploss 3110.
LOGIC BEHIND TRADE : Stock was in down trend & given breakout of dynamic trendline resistance and stock is near it`s static resistance 3,910 if sustain above it can go upto previous swing high 3,350 and if stock also sustain above 3,350 then can test it`s all time high resistance 3,505. & Stock looks good for short term swing trade. NSE:ASIANPAINT
ASIAN PAINTS- BUY WITH TARGET 3500Asian Paints has corrected a lot and returned to its long term uptrend line and taking support here with good volume accumulation. The reason for this nasty correction in the stock has mainly been a decline in bottom line margins in the quarterly results. We must understand if that is a worry from the fundamental perspective. It has been announced by the company that they will be increasing their product prices to keep their margins back to where they belong. And it is a sensible measure considering that raw material cost inflation has been the major reason for decline in the margins. And be assured that Asian Paints is one of the few companies that enjoy a great pricing power, which means the increase in prices won't affect demand much. The reason for this is another long discussion but a very interesting one. You can check out Saurabh Mukherjea's discussion on Asian Paints on YouTube to know the same. This gives the company enough power to increase product prices without much worry about demand. This assures investors that next quarter we should expect comfortable results.
All this coupled with the support on this beautiful uptrend gives me enough confidence to enter this stock at current levels with a target of 3500. That would be a beautiful 380 rupees a share move. Hope this plays out perfectly as I expect.
Thank You! Please follow me if you liked this idea. I try to share any good idea I spot over here. Like if agree. If you don't, please comment and share your thoughts.
Asian Paints - Breakout & RetestStock on a up trend , Break out , followed by a retest ..
Taken Support on 50 Day EMA too .
SL to be below Marked Support area , on daily closing Basis .
PAINT LOST ITS LUSTREEither flat or Zigzag is going on. Whatever it is-money is only along the direction of GRAVITY in this earstwhile gravity defying stk. CYCLE turns-season changes. Law of nature & I love nature. STATUTORY WARNING:-this is my view-NOT TRADING RECOMMENDATION. Follow your own method/analysis. Must understand the risks involved. NOTE: Don't forget to press like button to keep the spirit up.
Looking good at Buying Level near 2964-50Stock can bounce back any time. Though looks a good buy around 2950 level.
Disclaimer: No Recommendation to trade, views for study purpose and observation only.
Asian Paints: Lower top lower bottom observed
We are looking at daily charts of Asian Paints
- Since 24 Sept 2021, we observe the stock is making lower top lower bottom
- trading in a yellow channel
- currently near channel top
Given the set up
one may consider to sell Asian Paints 3200 Call option around 40
ROI potential of 8% on Margin requirement till 25 Nov expiry
Inbuilt loss protection for a rise up to 3240 till expiry
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
