ASIAN PAINTS 15m chartAfter a nice upside rally, now short side is confirmed as per the Risological swing trader indicator.
Support and resistance levels are marked.
Good luck.
ASIANPAINT
ASIAN PAINTS RBTSASIAN PAINTS has given a buy signal according to range bound trading strategy. The lower limit of the range is 2707.05 and the upper limit of the range is 3500. The stock has covered the range three times in the past. Although the March 2024 quarterly results are not as good as the previous quarter but with increasing demand of residential projects in Bharat(which can be tracked by the news articles), the demand of paint is also bound to increase and this will surely enhance the turnover and profitability of the largest paint maker in Bharat.
Please do your own analysis before investing.
Hope you learned something new from my ideas.
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Asian paints Elliott wave is forming in Asian paints, entry is at 2825, target is 2700 and stop loss will be 2880
Buy ASIANPAINT @ 2880 Avg @ 2600 SL below 2100 TGT3700/5100/6200The stock had been in consolidation for almost 3 years and now taking support at 200 WEMA . Also making double bottom breakout at 200 WEMA which will give the desires above mentioned targets as chemical sector has started to make run
BERGEPAINT 558 TGT 667(20%) SL 523 Recommended By Rachit SethiaBERGEPAINT 558
TGT 667
SL 523
Return 20%
RR >3
Time Frame
Positional Trades
Trade Idea Recommended By Rachit Sethia
Shared with 💚
Asian Paints High Reward IdeaAs per my analysis NSE:ASIANPAINT has completed its weekly correction. Sustained above previous low's and trying to make ready for upside rally. Best entry level to take positional buyer entry is 2965 with stop loss of only (2910 (-55 Points Risk). My expected upside target would be 3080 (+115), 3132 (+167), 3173 (+208) & 3249 (+284).
This could be very low risk and very high reward idea.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
Asian Paints Positional Buy IdeaAs per my analysis NSE:ASIANPAINT has been sustained above important resistance of 3197. It could be best positional buy entry at level of 3250 with stop loss of 3175 (-75 risk). My expected upside target would be 3315 (+65), 3380 (+130) & 3480 (+230).
This could be low risk and high reward idea.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
#BARBEQUE 733 - 20% upside Buy recommended - Rachit SethiaNSE:BARBEQUE
BARBEQUE 733
TGT 890
SL 660
TF <6 M
RR >2
Return > 21%
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
ASIANPAINT short We are expecting that the price will continue going higher towards resistance.
Speculative short position set up:
entry: 3605.05
target:2880.45
stop loss: 3729.65
ASIANPAINTS- Demand Zone @2840The ASIANPAINTS has been trending upwards,
but now it is at previous resistance level @2900 now ,if it shows some bearish pressure this time will at least gives pullback,
observed a demand zone at 2840 level.
GO long here for target of untested Supply zone @2960
ASIANPAINT : retest of support zoneASIANPAINT is trading in zone since few days, it may retest support zone in coming day.
Invalid if it broke resistance
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L".
Asian paints in an way of head and shoulder breakout Asian paints was in a way of its bullish head and shoulder breakout also with full support of RSI ..
Buy it at 2856
Target 2918 2964 3027
Sl 2730
#ASIANPAINT #BERGEPAINT #INDIGOPNTS #KANSAINER #SHALPAINTS #OIL#ASIANPAINT
NSE: ASIANPAINT
CMP: 3112
TP: 3332
SL: 3010
TF: <1m
RR > ~2 times
Return > 7%
BERGEPAINT ASIANPAINT KANSAINER SHALPAINTS NSE:INDIGOPNTS
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
Asian paint Hey traders this a daily chart of asian paint there is strong resistance 3150 will short if price comes to near 3150-3170
#ASIANPAINT Weekly Major Support & Resistance Levels.Providing Weekly Support and Resistance levels for next coming week based on Central Pivot Range and its major support & resistance levels of week, where price can take support and face resistance. Three black lines indicating weekly Central Pivot Range. Previous week high & low also performs as a major support and resistance levels. Can take long & short positions according to how price perfoms at particular given support & resistance levels.
Will Asian paint make new high ???It is my question will asian paint make new high or it again turn and comes towards it nearby support zone which are testing again and again............
ASIAN PAINTAsian paint
as per my view ABCDE correction wave
going on 5th wave of D wave and
one more wave correction pending of asianpaint
ASIANPAINT Trade OpportunityAs of 23 February ASIANPAINT closed at 3237. If you look at the chart the stock is trading above the TRENDLINE. There is small RESISTANCE area between the price of 3262-3282.If it consolidate between the TRENDLINE and the RESISTANCE area for next 2-3 days then after that it can give a UP side momentum.
NOTE-
ENTRY-3190-3264
STOPLOSS- 2980
1st TARGET- 3470 (8%)
2nd TARGET- 3800(16%)
DISCLAMIER-
THIS IS JUST FOR EDUCATIONAL PURPOSE,DO CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.
ASIAN PAINT - Bullish Price Action Analysis As Crude price going down , NSE:ASIANPAINT creates opportunity for upside with target 3438 and 3598 as T1 and T2 respectively.
BUY : Although traders can buy if the price comes at 3200-3150 level and respects it then it will create further
momentum for upside with great volume and SL would be in the rage of 3040-3045.
SELL : Sell opportunity only creates when price test at the level of 3400-3350 and won't sustain then with help of
small risk you can make a good reward.
NOTE : Remember as long as it above 3000 it is bullish after crossing below of 3000 the trend of downside will continue .
Buy Asian paints target 🎯 2500Buy Asian paints target 🎯 2500 because it has recently given major breakout .
Asian PaintA long position call Asian Paint@ 3025 around
disclaimer; This post only educational purposes only.
ASIAN PAINT LONG I DRAW A SIMPLE TREND LINE IN MY VIEW WILL BUY BEACUSE OLD RESSIANTCE IS SUPPORT ONCE IT CROSSED WITH VOLUME YOU CAN COMMENT OR REPLY HERE
ASIAN PAINTS - Triangle Pattern There is a Triangle pattern formation on Asian Paints Hourly Chart and in fact, the prices did close above the triangle resistance trendline today.
But there is definitely a BUT in this stock, and you must be thinking what it is?
Let me tell you, usually the valid triangle breakout , or you can say breakout that see a great movement is , when the price breaksout within 2/3 area of the traingle, but in this case , price has reached quite closed to thc convex area, and when such kind of price movement is seen , prices usually move sideways or also came with th range.
Now you must be thinking, if there is so much But in this stock, why m i discussing it here as a probable trade, because, its higher timeframes are super bullish, hence this stock may test so much of a traders' patience, but it could be worth it considering good risk-reward ratio, it could be a good long position trade.
So a Positional Stoploss can be placed below 2900 level, and stock could be bought dips or in consolidation if happens.
Disclaimer : The post is for educational purposes, if you are trading this, you are trading at your own risk.
Let me know your views on this stock.
