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Asian paints analysis just for educational purpose

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both side opportunity is there in the stock it depends it break down or not

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chart analysis, buy above 1125 target 1245-1250. the stock is at a support and we can expect a small pull back

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the stock is currently trading in a range shorting can be good for below 1212

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bank nifty was trading a range last day. there is an breakout and retest, looking good for short position

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ABB was forming a flag and pole pattern but there is a down side break in the support, so we can expect a fall in the price , giving us an opportunity for shorting

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The stock is currently trading in a range, a fast movement in the price can be expected when the price breaks the range. Indian market is looking negative and hence shorting stocks can be more beneficial. so container corp can be negative if it breaks the range downside below the level of 724

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Ashok Leyland is currently at a huge support of 142 and forming a deaccelerating triangle. Both side opportunity is their, short if it breaks the support and buy if breaks the resistance

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it is currently making an equilateral triangle. It has a potential of both side, take a trade when it breaks either the support or the resistance

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There is an good opportunity for shorting in coforge ltd short below 3800 and target of 3350

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Nifty is currently trading at a all time high apposite to every other global markets. There is a pending retracement and it is currently forming a inverted head and shoulder pattern, which is a sign of negativity in the market and we can expect a sharp fall in upcoming days.

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Usha martin is currently in triangle formation If it break the resistance go for long and is breaks the support go for short position both side trade possible based on the next few days

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50 moving average is one of the most commonly used moving average and it acts as a really nice support. VIP had recently made a golden gross over and is then retraced back to its 50 moving average. Its has taken a good support at the 50 moving average by baking a double bottom. I prefer to put a stop little below the support and target for 2:1 ratio of the profit to loss

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One of the simplest and effective chart pattern is the double bottom or the W pattern recently GSPL had made a double bottom and broke out the high of the W patter. last resistance is broken and even retested . so long entry is a good idea with a target of double the height of the W pattern

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triangles patterns are one of the most reliable chart pattern Gujarat gas is currently forming a accelerating triangle , I personally like prefer to go long on the accelerating triangles when break upside. I also prefer to place the stop loss at the triangle's last low and target at a fixed profit to loss ratio of 2:1.

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there is an reverse head and shoulder, wait for break out short if crosses below 1094, target is the same is the difference between the head and bottom of the head and shoulder or if want to be more safe wait for breakout and retest of 193 level then short if it takes resistance. just for educational purpose

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Sail India took support at weekly 0.66 fibonacci level now making cup and handle pattern , bottom for the next upside wave. looking good for long position.

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EIX recently took support at weekly 0.66 level of fibonacci retracement. And currently making head and shoulder pattern in daily chart at a crucial level , looking good for long position . target 170