ASIANPAINT // Levels // 4 hour "Welcome to SkyTradingZone "
Hello Everyone 👋
Here's a detailed analysis of the Asian Paints' Levels TVC (Television Commercial) for the 4-hour painting solution:
**Concept:**
The ad showcases the power of Asian Paints' Levels, a 4-hour painting solution that helps customers complete their painting projects quickly and efficiently. The commercial focuses on the convenience and speed offered by Levels, highlighting how it can save time and effort for busy homeowners.
**Storyline:**
The ad features a busy homeowner, a young professional, who is struggling to find time to paint her living room. She is shown juggling multiple tasks, from work to taking care of her family, leaving her little time for painting. The solution comes in the form of Asian Paints' Levels, which promises to get the job done in just 4 hours.
**Key Messages:**
1. **Time-Saving:** The ad emphasizes how Levels can save customers time and effort, allowing them to complete their painting projects quickly and efficiently.
2. **Convenience:** The commercial highlights the convenience of using Levels, showcasing how it can be applied easily and quickly, with minimal fuss.
3. **Quality:** Although not explicitly mentioned, the ad implies that Levels delivers high-quality results, showcasing a beautifully painted living room.
**Visuals:**
* The ad features bright, vibrant colors to showcase the paint and the finished result.
* The busy homeowner is portrayed as a relatable character, emphasizing the importance of saving time and effort.
* The before-and-after transformation is showcased to highlight the effectiveness of Levels.
**Tone:**
* The tone is upbeat and energetic, emphasizing the benefits of using Levels.
* The commercial has a friendly, approachable tone, making it appealing to a wide range of audiences.
**Target Audience:**
* The ad appears to target busy homeowners who value convenience and speed when it comes to completing their painting projects.
* It may also appeal to younger professionals who are looking for quick and easy solutions for their home improvement needs.
**Overall Impact:**
* The ad effectively communicates the benefits of Asian Paints' Levels, highlighting its convenience, speed, and quality.
* It may encourage viewers to consider using Levels for their own painting projects, especially those with busy schedules.
ASIANPAINT trade ideas
Asianpaint near to flag pattern breakoutAsian paint is very near to the bullish flag breakout. Short term targets and long term targets are both clear. Please follow the chart levels. Will keep updating the post.
Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.
DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
Asian Paints Elliot Wave based Analysis - 1+ YR ViewThis script after making a LTH of 3590 in Jan 2022 has been in correction phase in pattern of ABC WAVES (blue color). Currently it is in last phase i.e C which is supposed to be in the form of 12345 pattern (green color). Within this wave C waves 1,2,3 seems to be over and we are in wave 4.
If the stock keep following the Elliott wave theory then
1. As low of wave C which is yet to be formed with wave 5 need to be below 2560 (wave B low).
2. Length of wave 3 has been 752 points so wave 5 can not be greater than 750 in length.
3. If we consider 2550 will be the low of wave C then wave 4 must not go beyond 2550+750=3300.
(on smaller timeframe the stock is making rounding bottom pattern, a daily close above 3340 will activate the target of 3300 so it seems Asian paints most likely should can go up to 3300)
So as long as current wave 4 does not go beyond ~3300 area and comes down one more time to cross below 2560 then Elliott wave theory will be intact.
4. The lowest possible point of wave 5 will depend on actual high of wave 4. Number of points left to touch 3300 must be deducted from 2560 to calculate maximum possible low of wave 5. For example if it reverses from 3250, it means 50 points spared to touch 3300 then wave 5 can go up to 2510 (2560-50).
With above analysis it seems the stock will not break LTH of 3590 until start of 2025. After wave C is finished following all the rules then this stock should start another Elliot wave bull cycle.
Overall bullish till stock reaches in the range of 3250-3300, and from there bearish with target up to 2550. The bearish trade depends on price action around 3300 area.
* It is not a trade advise but technical analysis shared based on my understanding of patterns and personal experiences, please take any trade with applying your analysis and at your own risk.
Asian Paints - Consolidating beautifully !!!Asian Paints is a large cap stocks and a market leader in paint industry. It has been consolidating beautifully, and we can see it moving towards ATH. Other factors:
1. RSI is improving
2. Steady volumes showing consolidating in a range
3. High delivery ratio from quite some-time
4. TTM topline and profitability is second best as compared to prior years
5. DIIs have increased stake
"Cleaneasycharts"
Learning & Earning!!!
Cheers!!!
Asian Paints Surge: Did you capitalize on the uptrend?Sep 11, 2024
As predicted on Sep 6, 2024, starting from the 61.8% Fib level, Asian paints hit the 78.6% Fib level today. An upside move of almost Rs. 150 in 5 trading days!!
Let us know if you capitalized on the uptrend.
Share the name of the stock you're interested in, and we'll be more than happy to conduct a thorough analysis for you.
Disclaimer: We are not SEBI registered. The content presented here is based on personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
ASIAN PAINT NSE By KRS ChartsDate: 11th July 2024
Time: 9:00 PM
Why ASIAN PAINT?
1. Stock is Extremely Bullish when it comes to overall view from the beginning. But from Sep 2021 , its range-bound between 2650 to 3550 Rs.
2. Here Range Bound movement creating Tringle Chart Pattern . Furthermore, that chart pattern's wave count ABCDE is finished with 2670 Rs low.
3. Also, Bullish Divergence in Monthly TF is clearly visible so when it comes to breakout, its likely to break upside resistance rather than downside support.
So, We can Long ASIAN PAINT with SL of 2670 Rs . for Medium to Long Term.
Asian Paints: Ready for rally? Asian Paint has been in the range-bound zone for the last 3 years almost and now all the bad is said and done for this stock.
As all know it is one of the greatest companies of Indian listed companies after closing above 3100 in a monthly candle, the stock is ready to rally to its all-time high in the next 6-8 months or shorter time.
Asian Paints levels 4h Asian Paints is a top coating company that's known for its professionalism, fast growth, and building shareholder equity. Here are some of the different types of paints that Asian Paints offers:
Current Price: Around ₹3,273.7
Support Levels:
Short-term: ₹2,775.882
Medium-term: ₹2,808.092
Long-term: ₹2,670.10
Resistance Levels:
Short-term: ₹2,843.982
Medium-term: ₹2,855.732
Long-term: ₹3,590.00
ASIAN PAINTS LONG | CUP & HANDLE + RESISTANCE BREAKOUTDisclaimer: I am not SEBI certified and these are my personal views. Please do your research before making any investment decisions.
Bought ASIAN PAINTS at 3100, will add more at 3050
- Completed cup and handle formation
- Downtrend resistance line breakout
- Resistance zone breakout(done) and retest(pending)
- RSI is not overbought
- Trading above 50,100,200 EMA (bullish sign)
Short term target: 3290
Long term target: 3414
Finished Trades (2/2)
JUBLINGREA - Target hit in 4 sessions (check out it in ideas section)
CAPLIPOINT - Target hit in 4 sessions (check out it in ideas section)
Asianpaint: Did you ride or miss the uptrend? September 6, 2024
On Sep 4, 2024, we had predicted an upside move in Asianpaint. From Fib level 61.8% (Rs. 3224), Asianpaint is today trading at Rs. 3283. And this is happening even as Nifty came down by around 400 points in the past 2 days.
Share the name of the stock you're interested in, and we'll be more than happy to conduct a thorough analysis for you.
Disclaimer: We are not SEBI registered. The content presented here is based on personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
#ASIANPAINTS #ASIANPAINTSANALYSIS.AsianPaints was in complex correction since 3rd Jan'22 & breakout out of this range will give us a 1000 point upmove which somewhere falls in btw 4500-4600 level. Complex correction is complete & we can see volume spikes & on lower time frame we can see bullish divergence.
NSE ASIANPAINTS - At the Edge of Kinfe Timeframe: Daily
NSE ASIAN PAINTS has been undergoing a corrective phase for about 80 weeks, with its price confined within a range of 3329 – 2938 , excluding excesses. The ADX indicator has declined to 21, while the average true range (ATR) stands at 43. Presently, the price has breached the 20-day exponential moving average (EMA) and is trading below the 50, 100 , and 200 EMAs.
According to the wave principle, the price has formed a corrective formation A-B-C. Wave (B) occurred at 3422.9 , and wave (C) has taken place. Wave (C) has already reached 100 % of wave (A), indicating equality between wave (A) and wave (C). Sub-wave 4 of wave (C) is expected to occur, followed by wave 5 of wave (C). A buying opportunity may arise if the price breaks above the wave A – C line and maintains levels above 2931. Targets for the Long position would be 3026 – 3152 – 3285+.
We Will update further information soon.
AsianPaints | Wyckoff Events & Phases Explained !!Wyckoff developed a price action market theory which is still a leading principle in today's trading practice.
The Wyckoff method states that the price cycle of a traded instrument consists of 4 stages – Accumulation, Markup, Distribution, and MarkDown.
👉TEXTBOOK EXAMPLE Accumulation Schematic: Wyckoff Events and Phases
Price Action Analysis
And this is the accumulation stage -
1) PS— Preliminary Support, where substantial buying begins to provide pronounced support after a continued down-move.
- Volume increases and price spread widens, signaling that the down-move may be approaching its end.
2) SC—Selling Climax, the point at which widening spread and selling pressure usually in high point and heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom.
- Often price will close well off the low in an SC, reflecting the buying by these large interests.
3) AR—Automatic Rally, which occurs because intense selling pressure has greatly decline.
- A wave of buying easily pushes prices up.
- The high of this rally will help define the upper boundary of an accumulation.
4) ST—Secondary Test, in which price revisits the area of the SC to test the supply/demand.
- If a bottom is to be confirmed, volume and price spread should be decline as the market approaches support in the area of the SC.
- It is common to have multiple STs after an SC.
5) SOS—Sign Of Strength, a price advance on increasing spread and relatively higher volume.
6) LPS—Last Point Of Support, the low point of a reaction or pullback after an SOS.
7) BU/LPS- Backing up to an LPS means a pullback to support that was formerly resistant, on diminished spread and volume.
All the phases of accumulation stage-
Phase A:
Phase A marks the stopping of the prior downtrend.
-- Up to this point, supply has been dominant.
-- The approaching cutback of supply is evidenced in preliminary support (PS) and a selling climax (SC).
-- A successful secondary test (ST) in the area of the SC will show less selling than previously and a narrowing of spread and decreased volume, generally stopping at or above the same price level as the SC.
-- If the ST goes lower than that of the SC, one can anticipate either new lows or prolonged consolidation.
-- Horizontal lines may be drawn to help focus attention on market behavior, as seen in the two Accumulation Schematics above.
Phase B:
-- Phase B serves the function of “building a cause” for a new uptrend
-- In Phase B, institutions and large professional interests are accumulating relatively low-priced inventory in anticipation of the next markup.
--There are usually multiple STs during Phase B'
-- Institutional buying and selling impart the characteristic up-and-down price action of the trading range.
--Early on in Phase B, the price swings tend to be wide and accompanied by high volume.
Phase C:
-- It is in Phase C that the stock price goes through a final test of the remaining supply.
-- this marks the beginning of a new uptrend, trapping the late sellers (bears).
-- It indicates that the stock is likely to be ready to move up, so this is a good time to initiate at least a partial long position.
-- The appearance of an SOS shortly after a spring or shakeout validates the analysis.
Phase D:
--During Phase D, the price will move at least to the top
--LPSs in this phase are generally excellent places to initiate or add to profitable long positions.
Phase E:
--large operators can occur at any point in Phase E.
--These are sometimes called “stepping stones” on the way to even higher price targets.
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Revive Traders
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Asianpaints: Ride the short-term Momentum September 4, 2024
On Sep 4, 2024, Asianpaints crossed the Fib 61.8% mark. This sudden surge is attributed to the drop in crude prices, which brings down the cost of raw materials required to make paint.
However, since May 2024, Asianpaints has been following the higher high – higher low pattern, which shows that the stock is gaining strength.
If Asianpaints manages to hold the 61.8% level with good volume, we could see it moving up and hitting the 78.6% Fib level.
After crossing the 61.8% mark, if the price retests the 61.8% level and closes above the previous swing high on a 1-hour candle, then too there is a high possibility of it moving to touch the 78.6% Fib level.
An hourly candle closing below 61.8% level with momentum and high volume would be a signal to exit.
Share the name of the stock you're interested in, and we'll be more than happy to conduct a thorough analysis for you.
Disclaimer: We are not SEBI registered. The content presented here is based on personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.