Get started
Asian Paints Ltd.Asian Paints Ltd.Asian Paints Ltd.

Asian Paints Ltd.

No trades
See on Supercharts
OverviewFinancialsNewsDocumentsIdeasDiscussionsTechnicalsForecastSeasonalsOptionsETFs

ASIANPAINT trade ideas

Asian Paints Ltd (NSE: ASIANPAINT) - Breakout AnalysisAsian Paints is showing a potential breakout from a falling wedge pattern, which is a bullish reversal pattern. Key Observations: Pattern Formation: The stock has been in a falling wedge since November 2024 and is now attempting a breakout. Breakout Confirmation: The price has moved above the wedge's upper trendline and is testing it as support. A confirmed breakout could push the stock towards higher levels. Support & Resistance Levels: Immediate Support: ₹2,228 Breakout Level (Entry): ₹2,301 Target 1: ₹2,566 Target 2: ₹2,771 Major Resistance: ₹3,399 Indicators & Volume Analysis: ✅ RSI (Relative Strength Index): RSI is around 49.44, rising towards 58.31, indicating increasing momentum. A breakout above 50 could confirm bullish strength. ✅ Volume Analysis: Volume has been picking up, signaling buying interest. A surge in volume post-breakout will add conviction. ✅ Risk-to-Reward Ratio: 1:3.64, making this a favorable trade setup. Verdict: Bullish The stock is showing signs of a trend reversal with a potential breakout from the falling wedge. Plan of Action: BUY at ₹2,301 once the breakout is confirmed with volume. Stop Loss: ₹2,228 (below recent support). Target 1: ₹2,566 Target 2: ₹2,771 Trailing Stop Loss: Move stop-loss higher as the stock progresses. A breakout above ₹2,301 with strong volume could trigger a momentum rally. Keep an eye on volume and RSI for further confirmation. 🚀
NSE:ASIANPAINT
by finnova_
4
Asian Paints at Good Level Target Price Is 1900+**Asian Paints** is India's largest and one of the world's top decorative paint companies. It is known for its strong market presence, innovative products, and leadership in the Indian paint industry. ### **Key Details About Asian Paints**: - **Founded**: 1942 - **Headquarters**: Mumbai, Maharashtra, India - **Chairman**: Deepak Satwalekar - **MD & CEO**: Amit Syngle - **Stock Listing**: - **NSE**: ASIANPAINT - **BSE**: 500820 ### **Business Segments**: 1. **Decorative Paints** – Interior & exterior paints, distempers, emulsions, primers. 2. **Industrial Coatings** – Automotive coatings, protective coatings, powder coatings. 3. **Home Improvement** – Bath fittings (Sleek Kitchens, Ess Ess), wallpapers. 4. **International Business** – Presence in over 15 countries across Asia, Middle East, Africa, and the Caribbean. ### **Market Leadership & Competitive Edge**: - Holds over **50% market share** in India's decorative paints segment. - Strong brand presence with products like **Royale, Apex, Tractor Emulsion**. - Expanding into **home décor & waterproofing** solutions. - Continuous **R&D** for eco-friendly and innovative paint solutions. ### **Recent Updates & Performance**: - Asian Paints has been focusing on **premiumization** with high-end products. - The company is seeing **strong demand** in urban and rural markets. - Investment in **sustainability and green technology** for future growth. Would you like a **live stock price update** or the latest financials for Asian Paints? 🎨📈
NSE:ASIANPAINTLong
by TheGoldenFarmsofEquity
The Ascending Triangle Pattern: A Bullish Continuation GuideHello Traders! In today's post, we’ll explore the Ascending Triangle Pattern , one of the most reliable bullish continuation patterns that traders look for during uptrends . It’s an important tool for identifying potential breakout points in trending markets. If you want to learn how to trade these breakouts effectively, mastering the Ascending Triangle is essential. Chart Pattern: The Ascending Triangle is a strong bullish continuation pattern. In the case of ASIAN PAINTS LTD , we see the price action forming a flat resistance at the top and a rising upward sloping support at the bottom, indicating that the bulls are gradually taking control of the stock. Key Points to Note: The stock is respecting the flat resistance , which has been tested multiple times (marked by the red circles). The upward sloping support is strengthening with each new low, showing growing buying pressure. The price has recently broken out above the resistance , confirming the breakout pattern. Trading Strategy: Entry Point : Once the price breaks the resistance level, consider entering at 1,172.45 . Stop Loss : Set your stop loss just below the upward sloping support at 1,151.25 to manage risk. Profit Target : The ideal target after the breakout is approximately 1,261.65 , which is calculated by measuring the height of the triangle and projecting it upward from the breakout point. Real-World Application: This is a bullish setup , and traders should keep an eye on volume confirmation post-breakout. A breakout with increased volume would make the setup even stronger. A price move towards the target of 1,261.65 would indicate a successful breakout trade. Risk Management: Ensure that you follow your stop loss at 1,151.25 to avoid unnecessary losses in case the breakout fails. Position size properly to align with your risk tolerance and the potential reward. What This Means for Traders: Bullish Setup : The ascending triangle signals that the bulls have control, and we expect the stock to continue higher. Watch for confirmation of the breakout and enter with confidence, but always be prepared with your stop loss. Conclusion: This ascending triangle is a classic pattern, and it offers a great opportunity for long traders . Keep an eye on the breakout, manage your risk, and this trade could potentially yield solid returns.
NSE:ASIANPAINTEducation
by TraderRahulPal
11
Asian Paints cmp 2257.60 by Weekly Chart viewKeep the stock on radar basis Support Zone been tested retested for probable upside breakout movement attempts Asian Paints cmp 2257.60 by Weekly Chart view - Support Zone at 2115 to 2210 Price Band - Gap Down Opening of 11-Nov-2025 will get a closure only on next upside - Weekly Support at 2115 > 1930 > 1685 with Resistance seen at 2430 > 2665 > 2855 - Stock has been trading within 2560 to ATH 3590 price band for 4+ years, unable to break this range - The stock has broken down from the price range but is attempting to reverse from the Support Zone - Volumes were more on Selling side indicative of consistent weakness for the stock but taking some stable ground around Support Zone by Weekly Chart
NSE:ASIANPAINT
by PIYUSHCHAVDA
8
learning momentum trading and becoming profitable**Momentum trading** is a popular strategy that focuses on buying securities that are trending in a strong direction (either upward or downward) and selling when the momentum starts to fade. The key idea behind momentum trading is to capitalize on the continuation of existing trends, rather than trying to predict reversals. Let’s dive into what momentum trading is and how to use it effectively to become profitable. **1. Understanding Momentum Trading** What is Momentum Trading?** - Momentum trading involves buying stocks or assets that are moving strongly in one direction and selling them when their momentum begins to fade or reverse. - Momentum traders rely on technical indicators to identify trends and assess the strength of those trends. Key Concepts in Momentum Trading**: - **Trend Following**: The foundation of momentum trading is that “the trend is your friend.” Momentum traders aim to follow the direction of the market rather than predict when it will change. - **High Volatility**: Momentum trades often occur in volatile markets, where prices are moving quickly. - **Short-Term Focus**: Momentum traders usually focus on short to medium-term moves. They look for rapid price changes over a few days or weeks. Momentum Trading vs. Value Investing**: - **Momentum Trading**: Focuses on assets that are rising in price (or falling in a short-term downtrend) and expects that movement to continue. - **Value Investing**: Looks for undervalued stocks that may eventually rise in price over the long term, but with less emphasis on short-term price movements. 2. Key Indicators for Momentum Trading** Momentum traders use a variety of **technical indicators** to gauge market trends and assess entry and exit points. Here are some key indicators: Relative Strength Index (RSI)**: - **What It Is**: A momentum oscillator that measures the speed and change of price movements on a scale of 0 to 100. - **Interpretation**: - An RSI above 70 typically signals that the asset is overbought and might soon reverse or experience a slowdown. - An RSI below 30 indicates that the asset is oversold and might rebound. Moving Averages**: - **What It Is**: A moving average smooths out price data over a specified period. - **Simple Moving Average (SMA)**: The average price over a set period (e.g., 50-day or 200-day). - **Exponential Moving Average (EMA)**: Places more weight on recent prices. - **Interpretation**: - When the price is above the moving average, it signals an uptrend, and when below, it signals a downtrend. - **Golden Cross**: When a short-term moving average (e.g., 50-day) crosses above a long-term moving average (e.g., 200-day), it’s a bullish signal. - **Death Cross**: When a short-term moving average crosses below a long-term moving average, it signals a bearish trend. #Moving Average Convergence Divergence (MACD)**: - **What It Is**: A momentum oscillator that shows the relationship between two moving averages of an asset's price. - **Interpretation**: - **Bullish Signal**: When the MACD line crosses above the signal line. - **Bearish Signal**: When the MACD line crosses below the signal line. - It also identifies overbought and oversold conditions. Average True Range (ATR)**: - **What It Is**: A measure of volatility that shows the average range of price movement over a set period. - **Interpretation**: - High ATR suggests high volatility (ideal for momentum trades). - Low ATR indicates a consolidation phase (momentum may not be strong). 3. Momentum Trading Strategies** Trend Following**: - **What It Is**: A straightforward momentum strategy where traders buy when an asset is trending upward and sell when it starts to lose momentum. - **How to Implement**: 1. **Identify a Trend**: Look for stocks with significant upward or downward price movement. 2. **Entry Point**: Enter when the price breaks out above resistance or below support, or when technical indicators like RSI or MACD confirm a strong trend. 3. **Exit Point**: Exit when the momentum weakens, such as when the RSI crosses above 70 (overbought) or below 30 (oversold), or when the moving average trend weakens. Momentum Breakouts**: - **What It Is**: Trading assets that break through key resistance or support levels with high volume, signaling that the momentum may continue. - **How to Implement**: 1. **Watch for Breakouts**: Look for stocks or assets breaking through a well-established resistance level with significant volume. 2. **Enter on Confirmation**: Enter the trade once the breakout is confirmed by volume and momentum indicators (such as MACD). 3. **Exit on Weakness**: Exit the position if the breakout fails or if the momentum indicators show that the trend is reversing. Pullbacks in a Trend**: - **What It Is**: This strategy involves entering a trade during a temporary reversal in the trend (a pullback), expecting the trend to resume. - **How to Implement**: 1. **Identify a Strong Trend**: Look for an asset with a clear upward or downward trend. 2. **Wait for a Pullback**: Enter the trade when the price temporarily retraces but stays within the trend’s direction (often near support levels or moving averages). 3. **Exit when Momentum Resumes**: Exit once the trend resumes, confirmed by indicators like RSI, MACD, or price action. 4. Risk Management in Momentum Trading** Momentum trading can be profitable, but it also comes with significant risks due to rapid price movements. Effective risk management is key to maintaining profitability: Position Sizing**: - **Determining Position Size**: Based on your account balance and the amount of risk you’re willing to take, decide how much capital to allocate to each trade. A common rule is to risk no more than 1-2% of your capital on a single trade. Stop-Loss Orders**: - **Setting Stop-Loss**: Place a stop-loss order below a recent support level (for long positions) or above resistance (for short positions). This limits losses in case the momentum fades or the trend reverses unexpectedly. Take-Profit Orders**: - **Setting Take-Profit**: Decide in advance where you’ll exit the trade with profits. This could be based on resistance levels, a fixed percentage profit, or a target set by momentum indicators. Avoid Overtrading : - **Trade Only with Confirmed Trends**: Stick to clear momentum signals and avoid trading in low-volume or choppy markets. Overtrading or chasing after every move can quickly lead to losses. 5. Tools and Resources for Momentum Trading** Platforms for Momentum Trading**: - **TradingView**: Offers advanced charting tools and access to real-time data for analyzing price trends and momentum indicators. - **MetaTrader**: Provides a variety of technical indicators and automated trading options. - **ThinkorSwim**: A platform by TD Ameritrade that offers advanced charting tools for momentum traders. Keeping Up with Market News**: - **Financial News**: Stay updated on market-moving events such as earnings reports, economic data releases, and geopolitical developments. - **Stock Screeners**: Use stock screeners like Finviz, StockFetcher, or Screener.co to find stocks with strong momentum indicators and high volume. 6. Practicing Momentum Trading** The best way to become profitable with momentum trading is to practice and refine your strategies. Here's how: - **Start with Paper Trading**: Many trading platforms offer paper trading accounts where you can practice without risking real money. - **Backtest Strategies**: Use historical data to test how your momentum strategies would have performed in the past. - **Track Your Trades**: Keep a trading journal to document your trades, strategies, and outcomes. This helps you learn from your successes and mistakes. - **Start Small**: Begin with smaller position sizes and gradually increase your exposure as you gain confidence and experience. **Conclusion** Momentum trading can be an exciting and profitable strategy if you know how to identify strong trends, manage risk, and use the right indicators. The key to becoming profitable is discipline, risk management, and continuously learning from both your successes and failures. By combining technical indicators, risk management techniques, and disciplined execution, you can improve your chances of success as a momentum trader. Keep refining your strategies, stay patient, and practice with real-time data until you feel confident.
NSE:ASIANPAINTEducation
by Optionclub
VALUE INVESTING - ASIAN PAINTS - MEDIUM TO LONG TERM OUTLOOKSymbol - ASIANPAINT Asian Paints is the largest home decor company in India. The 80+yr old company has major brands like Asian Paints, Berger, Apco, etc under its umbrella. The co. is into wall paints, wall coverings, waterproofing, texture painting, wall stickers, mechanized tools, adhesives, modular kitchens, sanitaryware, lightings, soft furnishings, and uPVC windows. Asian Paints stock is currently trading at a relatively low valuation, making it an attractive investment pick for value investors. The stock has already fallen 36% from its ATH, which is notable. Large-cap industry leader companies generally do not see corrections of more than 40%, suggesting that the stock could be nearing a solid support zone and presenting a good opportunity for long-term investors. From a fundamental standpoint, Asian Paints has strong profitability metrics and maintains robust fundamentals, which supports the case for a potential recovery. Despite the recent downturn, the company's strong market position in the paints industry and consistent financial performance provide confidence in its ability to navigate through this correction. While the stock has faced downward pressure, these factors suggest that it could be an appealing pick for investors looking for value, especially at these lower levels. As the stock is currently undervalued, the downside risk appears limited, and the probability of a reversal or consolidation at these levels increases. In the short term, any further drops may find support around lower price levels, but given the company's solid fundamentals, a bounce back remains highly likely over the medium to long term. Entry, SL & Target levels are indicated on the chart. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NSE:ASIANPAINTLong
by akshit_official
Asian Paints: Oversold with Recovery Potential Topic Statement: Asian Paints has faced a sharp decline due to weak third-quarter results, but strong support levels suggest a potential recovery ahead. Key Points: 1. The company reported a profit decline of 23.5% QoQ in the third quarter. 2. The stock price fell sharply, creating a gap after the earnings announcement. 3. The price is taking heavy support at the 61.8% retracement level at 2260. 4. The stock is overextended below the 180-day moving average, making it highly oversold. 5. The weekly MFI is at 22, further confirming oversold conditions.
NSE:ASIANPAINTLong
by yogeshwar
Asian Paints this is Right Time To Invest In Asian PaintsAsian Paints Ltd., established on February 1, 1942, is an Indian multinational paint company headquartered in Mumbai, Maharashtra. Founded by Champaklal Choksey, Chimanlal Choksi, Suryakant Dani, and Arvind Vakil, the company has evolved into India's largest paint manufacturer and ranks among the top ten decorative coatings companies globally. **Business Segments:** - **Decorative Paints:** Asian Paints offers a comprehensive range of interior and exterior paints, wood finishes, and metal coatings. The company also provides waterproofing solutions, adhesives, and wall coverings. - **Industrial Coatings:** Through joint ventures with PPG Inc., Asian Paints caters to the automotive coatings market and offers protective, industrial powder, industrial containers, and light industrial coatings in India. - **Home Décor:** Expanding beyond paints, the company provides modular kitchens and wardrobes, bath fittings and sanitaryware, decorative lighting, uPVC windows and doors, wall coverings, furniture, fabrics, furnishings, and rugs. **Global Presence:** Operating in 15 countries with 27 manufacturing facilities, Asian Paints serves consumers in over 60 countries. The company's international brands include Asian Paints, Asian Paints Berger, SCIB Paints, Apco Coatings, Taubmans, Asian Paints Causeway, and Kadisco Asian Paints. **Manufacturing Facilities:** Asian Paints' manufacturing footprint spans multiple countries: - **India:** 10 plants located in Ankleshwar & Sarigam (Gujarat), Patancheru (Telangana), Kasna (Uttar Pradesh), Sriperumbudur (Tamil Nadu), Rohtak (Haryana), Khandala & Taloja (Maharashtra), Mysuru (Karnataka), and Visakhapatnam (Andhra Pradesh). - **Sri Lanka:** 2 plants under Asian Paints Causeway. - **Nepal:** 2 plants operating as Asian Paints. - **Bangladesh:** 2 plants under the Asian Paints brand. - **Indonesia:** 1 plant operating as Asian Paints. - **Fiji:** 1 plant under Apco Coatings & Taubmans. - **Samoa Islands:** 1 plant under Taubmans. - **Oman, Bahrain, UAE:** 1 plant each under Asian Paints Berger. - **Egypt:** 2 plants under SCIB Paints. - **Ethiopia:** 3 plants under Kadisco Asian Paints. **Financial Performance:** As of the fiscal year ending March 31, 2024, Asian Paints reported a consolidated turnover of ₹354 billion. **Leadership:** - **Non-Executive Chairman:** R. Seshasayee - **Non-Executive Vice Chairman:** Manish Choksi - **Managing Director & CEO:** Amit Syngle **Recent Developments:** - **Vinyl Acetate Ethylene (VAE) and Vinyl Acetate Monomer (VAM) Manufacturing:** In October 2022, Asian Paints approved the establishment of a manufacturing facility in India with an investment of approximately ₹2,100 crores over three years. The facility will have an installed capacity of 100,000 tons per annum for VAM and 150,000 tons per annum for VAE. - **Nanotechnology Partnership:** The company entered into a partnership with Harind to acquire a 51% stake in Harind Chemicals and Pharmaceuticals Private Limited, with plans to acquire an additional 39% over the next five years. - **White Cement Manufacturing:** Asian Paints signed a binding term sheet with Riddhi Siddhi Crusher & Land Transport and Associated Soap Stone Distributing Company Private Limited to form a joint venture for manufacturing and exporting white cement and white cement clinkers. The joint venture will set up a manufacturing plant in Fujairah, UAE, with an initial capacity of 265,000 tons per annum and an overall investment of approximately ₹550 crores over two years. With a strong consumer focus and innovative spirit, Asian Paints continues to lead the industry, delivering a wide array of products and services to beautify and transform spaces globally.
NSE:ASIANPAINT
by TheGoldenFarmsofEquity
ASIAN PAINTS- Long Term Investment Idea- 2025Asian Paint is at a crucial support levels. Strategy used : Support Resistance levels and Trendlines Asian Paints at a crucial support levels 2250-2260 level. 2120-2130 levels CMP: 2228 Current support levels 2260 are broken and will act as resistance. Invetment idea: 50% - When crossing 2260 if 2120 levels are tested, invest 50 % of the funds Key points: Q3 results are expected on 16th Jan 2025. Support resistances - refer above. This idea will be for long term and will be updated regularly Note: Not a SEBI registered analyst. Plan and trade as per your analysis
NSE:ASIANPAINT
by iTechnIndica
2