Asian Paints Daily Time Frame Analysis Strong Base at 3150-3180 zone Minor Resistance at 3400 zones After profit booking session of 1 week expected a bounce from this base I have already initiated my position at 3200 with a stop loss of daily closing below 3170 Targets are mention on charts 1st target at 3500 as after this we can possibly see a double top so...
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Taking dupport on both 50 day MA and trendline, however, the volume is lower than the average hence needs a follow-up. Worth keeping on radar
Asian paints Buy @ 3265 stoploss 3170 1st target 3500 2nd target 3700
its a swing tread idea, with stop loss, entry, 1st target, 2nd target
#Asianpaint cash -Positonal (Dont miss it) 05 Oct 2021 Looks good above 3265.10 stoploss 3230 Target 3340/3400 (Risk free above 3305.10) cmp 3255
Correction seems to be over in this stock.Anticipating a decent upmove from here on.
Asian paints, a wealth creator for great number of people. Here it is, offering an opportunity to enter after a healthy correction in the last week. A morning star candlestick pattern is formed at the support levels as shown in yellow. This makes it a good buy trade with a stop loss below the support zone at 3140. The targets would be 2R at around 3485 levels....
NSE:ASIANPAINT Buy above 3275 or 3305 Sl closing below 3145 T 3370, 3450, 3500 closing above 3500 can take above 3700
1. Good Support at the Channel bottom 2. Power Move Into a Support, which means, within 5 sessions, there is Power move - Down. 3. Risk-to-Reward Ratio: When you trade the reversal after a power move into support, the nearest swing high is likely some distance away.
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Asian paints is back to retest the previous resistance. A very important trendline lies in the same region. This confluence of support will be confirmed if any bullish candle is formed here. The risk to reward will also be favourable.
asian paint take support at 21ema...chance to pulbank from this level
In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading. Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing...
Asian paints seen a good downmove, correction seems to be over as it is standing on its channels support plus strong Fib support of 3167, we can see a reversal from here. This will be a happy diwali wishes from Asian Paints to its investors ;)
This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Ascending Triangle Pattern Breakout on NSE:ASIANPAINT Best buy CMP & add more near Trendline Support Target 1 - 3735 Target 2 - 4126 Stop Loss - Daily closing below 3240
Asian paint is looking for buyers demand from this 3160-3180 levels for upside rally upto 3390 in short run. STOP LEVELS BELOW 3150 {Views are only for educational purpose.}