Good Upmove once weekly close above 2875. Buyers have accumulated it last few weeks. (CUP shaped pattern). Target Price : 3450. Duration : Few Weeks.
Paints Giant - The Great Asian Paints is all set for a new all time high after giving strong Q4 results it has given a huge breakout and is sustaining above it. As it is in continuation phase and will move forward after it gives a breakout and close above its all time high. 3250 is the next Fibo target.
As per chart trendline breakout with good volume, good results. Upcoming pattern might be as per above with targets as mentioned in short term. ☠️☠️☠️ Above ideas are for educational purposes only, kindly consult your financial advisor before investing. Please don’t forget to 👍 and subscribe if you like the idea.
Asian paints may breach 52 week highs if crosses 2840 and crude supports.
Sector on the move. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the...
A intraday shorting opportunity in Asian Paints. It reached a strong resistance zone, took resistance and came down a bit and broke the lower trend line, which indicates a slight weakness. If Nifty is consolidating or moving down then there are very high chances it can come down to 38.20% of Fib retracement before breaking the resistance on the higher side.
long only when candle closes above yellow line for target 3204
NSE:ASIANPAINT BUY NOW (i,e: 18/05/2021) its a brake out pattern Target of 3109
Asian paints have bullish crossover and it's break there old resistance zone. it can be buy if its take support on breakout with sl of 2732, target is 2883 and 3105 or 3250
NSE:ASIANPAINT looks bullish and formed cup and handle pattern. If the momentum continues the price will shoot-up else will come for a retest. Disclaimer : This chart is for education purpose only. I will not be responsible for your losses or profits.
Price after the big breakout formed a triangle pattern awaiting another break on Monday.
If 2800 is not broken then we may again reach 2544 and if broken down we may see 2323, 2260 and 2102
ASIAN PAINTS ABOUT TO CROSS ALL-TIME HIGH