ASIANPAINTS : Nice BUY trade setupMy wave analysis suggest a nice buy setup.
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ASIANPAINT trade ideas
ASIAN PAINT BREAKOUTAsian paint give a reversal from 100 days moving average and give a breakout from consolidation with good volumes
ASIANPAINTSPrice may fall till the region marked below; Accumulate; and may start on another impulsive move; Intraday; Planning only short entries till price reaches the marked region and buy entries after price shows reaction.
#fractals
ASIAN PAINT BULLISHGo long in Asian Paints
As
1. it is taking support at 200 EMA
2. Cup and Handle Pattern
3. Higher Chances of Breakout.
Asian Paints ready to give brekoutAsian paint is beautifully creating the flag and pole pattern and ready to give the breakout upwards most probably
ASIANPAINT TRADE SET-UP FOR TOMORROWASIANPAINT share testing 3147 level as you can see in the chart, there is a strong resistance.
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Stock is making trendline and made higher high, tomorrow if stock break 3147 we can see the target of 3200.
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If stock break the trendline in downside, we will avoid this trade.
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Don't forget to like the idea.
ASIAN Paints Has taken good support at 200 EMA ,as well as following trendline since 20 may 2020.
Not a buying recommendation consult your financial advisor before investing.
asianpaints weekly bullishasianpaints took trendline support, and expecting 3400, 3450 as targets. now near small rejection point, it has to close above 3145 today,
Asianpaint can be a good swing trade.Asianpaint has broken the upward channel and has taken support on the previous swing and also on 200 ema.It is taken reversal on 50% level of fib retracement. It has shown a good move till now and can further be bullish. It can be a good swing trade and can give 10-15% more gains.
Go long with Asian PaintsPer this wave the target would be for 4000. One can go for short term as well till our first target.
Thanks
Sagar
ASIANPAINT: Ideal entry point for a target of 4250ASIANPAINT is bouncing from a very strong support level. I don’t foresee any significant downside from here on. A target of 4250 in the coming weeks is likely. A weekly close below the 50-EMA should serve as the stop-loss.
Disclaimer: The sugggestions here are only for information and follow-up, and are not trading recommendations. Trading at your own risk. NEVER trade without a stop-loss in place.
AsianPaint Bullish TrendAsian Paint Near Support-2907
Target-3400
Time Frame -1day
Positional Stocks
asianpaint at support ... buying already stared at this level.....may consolidate at this price for some time and than move up ....
Swing/Positional opportunity for 13.5% return || Asian PaintsThe stock is on a confluence of two supports (Uptrend and Horizontal) which indicates a good chance of going up from here. Can be bought for a target of 3380. CMP is 2980 and Sl will be 2780 on a closing basis. A 1:2 risk reward setup. Do FOLLOW for more ideas.
ASIAN PAINTS ON ITS MAJOR SUPPORT LINE Asian paints is in its major support line and has formed a doji candle on the line. If we see a good green candle this can be a good sign of reversal.
This will be a good risk:reward trade with minimum risk and maximum reward.
If stock breaks the support line ,don't enter it.
If stock bounces from here , this will be a good entry.
Look for bullish candlestick reversal patterns for best confirmation.
This analysis was done by me only for educational purpose. Feel free to share your views/feedbacks.
asian paints looks good to enter........................................................................................
ASIANPAINT BUYING OPPORTUNITYAsianpaint looks good on daily time frame as it had taken the support at the previous support level and made long wick candle. Above 3020 level good opportunity to go long.
