if the price crosses 2950 levelasian paints given a large instant move downside,
which might be due to gain some liquidity before moving up..
Wrong entry in asian paints caused loss of 47.55kMistakes:
1. I entered at the breakout candle of the green box.
Solution - should entered, after price crosses the high of breakout candle.(which never happened)
2. I should have exited the stock earlier.
Solution - I entered in a breakout candle but, as soon as the price goes below that candle, i
Asian paints future analysis Buy only above 3050 with sl of 2982 and target of 3100/3150/3200
sell only below 2950 with sl of 3000 and target of 2900/2850/2820
3050 will be the most imp level, bulls will be back if it sustain above 3050 for a day.
Asian Paints - Head and Shoulder Pattern!!!Asian Paints is making an inverse head and shoulder pattern. Once its crosses the neck, we can see the price movement to 3700-4000. Other factors:
1. Large Cap - we can see movement in large caps now
2. MACD positive
3. RSI above 60
4. Volumes increasing
"Clean Charts, Easy Charts"
Learning & Ear
SHORT ASIAPAINTTWT_SUPER_POINT has captured the reversal point for Asianpaint
Go for Short opportunity
Use TWT_SUPER_POINT indicator for such fantastic turning point alerts.
ASIAN PAINTS GO LONGThe stock is likely to go up... the chart is looking good. and risk reward is self explanatory . one can go long based on this .. this is what i call a minimum projection of price might touch. targets SHOULD ALWAYS flexible but have a tight stop loss.
ASIAN PAINTS GO LONGThe stock is likely to go up... the chart is looking good. and risk reward is self explanatory . one can go long based on this .. this is what i call a minimum projection of price might touch. targets are flexible but have a tight stop loss.
ASIAN PAINTS GO SHORTstrictly for the education purpose only. maintain 6% stop loss to gain 18% . it would be arox 1:3
ASIANPAINTBullish BAT - ASIANPAINT FUT
Resistance is 3424.20 and Support is 3395.35.
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Summarizing what the indicators are suggesting.
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of ASIAN PAINTS FUTURES is 2,296.40 INR — it has risen 0.30% in the past 24 hours. Watch ASIAN PAINTS FUTURES price in more detail on the chart.
The volume of ASIAN PAINTS FUTURES is 889.20 K. Track more important stats on the ASIAN PAINTS FUTURES chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For ASIAN PAINTS FUTURES this number is 12.71 M. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for ASIAN PAINTS FUTURES shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for ASIAN PAINTS FUTURES. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of ASIAN PAINTS FUTURES technicals for a more comprehensive analysis.