In this weekly time frame analysis, we can observe that Asian Paints is consolidating at the previous breakout zone in the form of a rectangle or a Darvas box. A strong RSI of 69 along with bullish harami candle in the weekly time frame shows strength of upcoming bullish momentum. A pure 10% upside is pending Prediction: Buy at CMP SL at 2920 Target - 3400
Asian paints looks good for swing trade with SL at 3000.
Traders are requested to keep an eye on the Asian Paints stock as it is expected to give break out from the major resistance or concentration of the supply zone. you can get good profit if the Breakout happens. thank you to all of you
This scrip is expected to give breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all 🙏🙏🙏
indication of Cup and Holder pattern , need to break Darvas box for confirmation.
Trend analysis.. ye dekh 1 hour ke chart pe horizontal lines.. support and resistance
Buy at current levels for targets of 3095/3100 Regards, Mind-Muscles
Use fibs for any trending stock and use the 0.50-0.618 area for retracement.
NSE:ASIANPAINT 1- Buyers not able to make new highs 2- Significant volume reduction 3- After a pullback can enter the trade 4- Wait for the price to come out of base
Asian paints Strong weekly closing which indicates the buying pressure impulse move breakout may happen
Buy Range 1 - 90 WMA High Buy Range 2 - 90 WMA Low Buy Range 3 - 45 MMA Close
#AsianPaints Bullish Harmonic Fresh long will be above 3002 Target-3153,3209,3241,3320 Short below 2963 CMP:2992 @ Aug 9,2021
Here's the result of the asian paint which i told you to go long in asian paint
asian paint given volume breakout from rounding bottom pattern and no look back through out the day... falling crude too helped the stock to move up...
buy it 3095-3100 target 3130 SL 3080 ... asian paint make new high
Asian paints triangle pattern breakout, support and resistance mentioned
asianpaint rounding bottom and volume breakout looking strong for 3075++ targets
SL: 2915 Target: 3165 Risk to reward Ratio : 2.04 Triangle formation broken and will go up. Look at the diagram. and fib retracement.