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Asian Paints Ltd.Asian Paints Ltd.Asian Paints Ltd.

Asian Paints Ltd.

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ASIANPAINT trade ideas

Optimal Entry Point: Asian Paints Indicates Long-Term BuyingIdeal Time to Invest: Asian Paints Shows Strong Support and Bullish Momentum Asian Paints is currently supported by the 200 EMA and a key weekly support zone, indicating a favorable opportunity for long-term investment. Furthermore, the weekly MACD histogram has turned green, suggesting potential upward movement. Learn more about why now might be the right time to add Asian Paints to your long-term investment portfolio. Disclaimer - This analysis is for educational purposes only and should not be considered as financial advice or a recommendation to buy or sell securities.
NSE:ASIANPAINTLong
by Rockstar9831
1
Asian Paints Ltd - Breakout OpportunityDate : 5-Jun-2024 Rating : Buy - Positional Trade LTP : Rs. 2,961.75 Targets: (1) Rs. 3,180 --> (2) Rs. 3,308 --> (3) Rs. 3,423 --> (4) Rs. 3,590 SL : Rs. 2,777 on daily close basis Technical View: • Since Apr-2021, NSE:ASIANPAINT is moving sideways between 2,560 and 3,590. It was recently going through it's secondary downtrend. • After touching the high of 3,422.95 on 29-Dec-2023, it has retraced 22% to 2,670.10 level. • On 5-Jun-2024, NSE:ASIANPAINT has broke out from its secondary down trend with higher than average volume. • NSE:ASIANPAINT has also closed above 20 DMA, 50 DMA and 21 DEMA on 5-Jun-2024. Very close to cross the 200 DMA. • RSI has formed bullish cross over and trading at 61.23. MACD is in buy zone and trading at 11.65. • Both MACD and RSI has formed positive divergence indicating trend reversal and bullish momentum. • Looking strong to start a new swing from here. Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Ideas are published for learning purpose only.
NSE:ASIANPAINTLong
by vikrant_252
[ POSITIONAL ] ASIANPAINT LONG BETrisk: 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 all. ======= I use shorthands for my trades. “Positional” - means You can carry these positions and I do not see sharp volatility ahead. “Intraday” -means You must close this position at any cost by the end of the day. ======= Always follow a stop loss. In the case of Intraday trades, it is mostly the “Low/High of the Candle”. In the case of Positional trades, it is mostly the previous swings
NSE:ASIANPAINTLong
by Palkesh_Agrawal
Cup and handle formation in Asian PaintsCup and Handle Formation in Asian Paints: Potential Upside Ahead Description: Asian Paints is exhibiting a cup and handle formation, coupled with a positive MACD and support at the 200 HMA. This pattern suggests a potential bullish trend. However, it's essential to note that this analysis is for educational purposes only and not a recommendation to buy or sell. Always consult with a financial advisor before making investment decisions. Disclaimer - For educational purpose only
NSE:ASIANPAINTLong
by Rockstar9831
ASIANPAINTASIANPAINT bottom fishing stock . strong buy for long term this time is Recommendation ACCUMULATE my study point Asian Paints is the largest home decor company in India. 1) Company has a good return on equity (ROE) track record: 3 Years ROE 26.1% 2) Company has been maintaining a healthy dividend payout of 58.4% 3) good support zone holdings :-))) a) Promoters 53% b)FIIs & DIIs 28% c) Public 19 % main ponit is Government hold 0.06% stakes Sector: Paints/Varnish - Top one Industry: Paints / Varnishes - Top one A) Sharekhan recommended Hold rating on Asian Paints with a target price of Rs 3490 in its research report dated January 17, 2024. B)Motilal Oswal recommended Neutral rating on Asian Paints with a target price of Rs 3340 in its research report dated January 18, 2024. .If You LIKE MY Idea …please…Boost its for motivation for study . for MORE check in my TradingView ID “Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our charts /calls , please consult your financial advisors. Thank you
NSE:ASIANPAINTLong
by asAMOLSUTAR
Asian paints buy on dip huge upside move will come in few monthsOn Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hit
NSE:ASIANPAINT
by JaiPrakashShuklaHarmonicTrader
1