asian paints given a large instant move downside, which might be due to gain some liquidity before moving up..
Mistakes: 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 am supposed to exit the trade. 3. Wrong timeframe. Solution -...
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 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 & Earning!!! Cheers!!!
TWT_SUPER_POINT has captured the reversal point for Asianpaint Go for Short opportunity Use TWT_SUPER_POINT indicator for such fantastic turning point alerts.
The 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.
The 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.
strictly for the education purpose only. maintain 6% stop loss to gain 18% . it would be arox 1:3
Bullish BAT - ASIANPAINT FUT Resistance is 3424.20 and Support is 3395.35. --------------------------------------------------------
#ASIANPAINT trading 3114 formed bearish pattern, Today trading our retracement level, we can sell below 3065 and tgt 2985 SL: LIVE
#ASIANPAINTS trading 3102 formed bullish pattern, Today trading our retracement level, we can buy above 3145 and tgt for 3205 SL: LIVE
#ASIANPAINT trading 3120 formed bullish pattern, Today trading our retracement level, we can buy above 3126 and tgt for 3160 follow SL 3090
The most common Triangle pattern, Asian paint will encounter when you're studying price charts on the higher time-frame for short selling is the contracting triangle, which is right in front of you. It's a 5 wave move, subdivided or identified as waves ((A))((B))((C))((D)) and ((E)). Any wave of the pattern is subdivided into 3 smaller waves, and also too many...
the stock is at a trendline support 100 dma support also spinning top candle showing selling momentum going down buy at cmp for taget of 3550 sl 3250
Asian paint is running inside my Quant Box for some time. Now is the time to break out and it may be either side. The Box width is 64 points and the probability of a multiple times return of the number is high. Stoploss will be on the other side of the box once BO is given. The target has marked on the chart. Disclaimer: This information is for educational purpose
Interesting Keep an eye, As of now at support. But breakdown may bring in some weakness.
Asian Paint Likely to test 2620 in Coming days ?????
Decent Breakout near 2474 Any dips to these levels can be bought Next resistance around 2558-2565 zones More bullish moves may come on breakout of these zones.