Asian Paints - At Important Junctions Area - 3150-3250 May act as support strong area Or may break it On any sides rewards remain high compare to the risk involved Wait for it to break and pull back on either side to trade
Nifty taking support at previous broken resistance zone If able to sustain, it may edge higher 16750-800 may act as strong level in coming days If holds then may edge towards 18100-150 zone again Buy near support
Wave 1 Completed Wave 2 in Progress Possible Pullback either from 2310 Levels Or Final Level of 2240 for reversal Wait for confirmation Strongest Support (Sl) 2150 Possible Targets 3000
Selling around 55000 Sl above 55300 Tgt 54900 Oi is on the Rise Trend Line is about to be broken
Current Trend Sideways/Distribution Below 2260 Stock turns Bearish Also breaks the trend line Can Sell below 2260 with Sl above 2285 For upcoming Targets of 2050
Inside Bar in Weekly Accumulation In daily Trend Line Break in Weekly Volumes Exceptionally Good Delivery Volumes are on the Higher Side Expecting Stock to reach 138 once it crosses and sustains 118 View negates with close below 112
Wave 1 (Impulsive) Done Wave 2 (Corrective) Done Wave 3 (Impulsive) Begin Tgt 192/245 Sl 165
Trend Line Break First Higher Low Made Extremely High Volume Breakout Expect a small consolidation or pullback Wait for Confirmation and a followup Sl anywhere below 490 Entry near 515-525 1st Tgt 580 2nd Tgt 665 R:R Good
Long Term Trend Line broken With High Volume Sell on highs near 245-48 Or on brak of 240 area Sl above 250 tgt 210 Looks like 1:3+ R:R
After Impulsive move stock corrected upto 0.5% of Fibb Now showing a morning Star at the same area Can go Long with Sl below 0.382 (i.e. 240) approx Initial Tgts 270-285
Multi Day Accumulation Proper Trend line Support Perfect VCP Breakout Bullish above 260 Sl 250 1st Tgt 275 2nd Tgt 290
Long term trending channel broken Area of Resistance Broken - 800-820 Wait for pullback to buy (Near 800) Sl below 780 (Closing Basis) Tgt 1150
Plain n Simple Multi week range taken out with High Volumes Wait for retest of Breakout Buy area 178-182 Sl Below 170 Tgts 240
Wait for signal candle near 715-20 or 685-90 Sl below 675 Tgts 780-800
Trend Line Breakout in Daily Carts 1st Impulsive wave formed Right now in corrective phase wait for trend line breakout (hourly) Sl 388 Tgt 104 / 122
Getting ready for a Big Breakout near 700-705 Expect no less than 780 as tgt once sustained Post 780 can reach 840 areas Downside SL 675 n below
Strong Support area 57900 - 58100 Ready ready for 61500 area Risk to Reward : Excellent
RRG charts suggest improving of Oil n gas and PSE sectors As BPCL falls in both, chances of breakout remain very high Break n sustain above 335 will be crucial level to watch Above tat stock as a direct stop at 370 - 400