Asian Paints - Long IdeaThe stock has shown a bull run in the last sessions. One may wait to enter at a less price when retraces. If the rally continues, this may go to 3500 and above. One may exit below 3160 or according to their risk management. Risk management is on priority anytime/every time.
Only for sharing and learning purposes, not a trading recommendation.
Please comment on the idea.
All the best
ASIANPAINT trade ideas
ASIAN PAINT : FOR LONGT UPMOVE SIMPLE COMPARISION AND ASSUMPTIONasian paint monthly chart ..simple comparison done of past move and time taken.
and an assumption upmove drawn as long term..
Market always risky.
risk is ur, decission is ur.
confirm ur end fundamental and technical from expert.
posted as learning technical trend pattern analysis and observing it.
Asian Paints - Bullish?Hi Everyone,
Asian paint price today gained 2.93%. And price touched the R1 and top channel line. Once it break and close above it, there might be a limited bull run.
First support is 3200, Second Support is 3000.
Note: This analysis is done by Ivy Venture research Team. Kindly do your own analysis before making any trading decision.
Regards,
Ivy Venture,
Research Team.
ASIAN PAINTS - Breakout CandidateAsian Paints seems to be consolidating near its resistance zone.
Breakout only above upper trend line with volume.
Take entry near the close of day when the upper trend line is broken with a large green candle with the stop loss as candle low.
Target - 3450. All time highs possible as well.