Asian Paints LTDAsian Paints LTD Monthly chart forming Ascending Triangle Pattern break trendline be careful it will go down & touch 2749.65 might be & it will 1Target
Asianpaintsshort
ASIANPAINTS Analysis??ASIANPAINTS::
This stock is trading in a channel
price is now at trendline,
previously multiple times taken the support from trendline...
keep in long side as long as price is above the trendline...
A strong demand Zone is observed at 2800 levels.
now price is in consolidation to bullishness is observed...chance of reversal from topside to test this demand zone again.
look for long opportunities in this stock.
ASIANPAINT--Long on Trendline Break and Retest??I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
If price breaks the resistance, we have a chance of filling the bearish gap, soo keep in buyside until it touches the zone of resistance and bearish gap.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
ASIANPAINTS--@Triangle Breakout??Asian paints taking the support from 3160 levels...
now the price is ready to breakout from the trendline...keep on bearish side until price breaks the trendline.
on break of trendline and retest will be on bullish side.
we have resistance at 3360 levels...
ASIANPAINT--3160 or 2920 Observations::
Trending upwards... facing resistance in the zone, 3120 if failed to break this level and falls below ,
trendline and 3080 level will go for selling up to 2960 and 2920 levels.
If price take the help of 3080 level and break 3120 level we go buying target of 3200 levels.
Asianpaints weekly view 24th to 28th April 2023 View Asian Paints Tripple bottom formation
Buy Above 2882 Sl 2865, Targets 2924, 2954,2985,3012,3163
Short Below 2848 SL 2885 Target 2813,2760,2753
Asian Paint two to three days outlook Asian paint looking good to sell as it breaches its last support in the Friday trading session. All other aspects of the trading mark are on the chart. kindly go through it.
Asian Paints Short Term View (Month of August 2022 Only)Stay Long above - 3392, T1 - 3562, T2 - 3678, T3 - 3795, T4 - 4000...... SL - 3350
Short Below - 3340, T1 - 3245.20, T2 - 3114, T3 - 3014, T4 - 2953...... SL - 3392.60
asian paints ltdshare name : asian paints ltd
call type : shorting opportunity
- share is forming a downfall range
- 3016 is a good supply zone because we can see
a head and shoulder on daily time frame,
which is acting as a trend reversal
- 2599 is acting as a good demand zone
- we can sell this share around 3016 levels for
2599, if 2599 getting break we can see 2260
levels in upcoming months
- i am creating a imaginary picture for this share
thanks
ASIAN PAINTS SELL SIDE VIEWA SELL NEAR 2826 WITH STOP LOSS ABOVE 2880 FOR TGT 1 : 2709 TGT 2 : 2622 TGT 3 :2554.
Try to book on a risk reward of 1:2 and don't wait for the exact targets as market is very uncertain. This post is for educational purpose only.
Disclaimer post: We are not sebi registered analyst, plz do your own analysis before investing. we are not responsible for any of your losses
ASIANPAINT ::: SHORTDATE: 29.4.21
INSTRUMENT: ASIANPAINT
TIMEFRAME: DAY
TREND: SHORT
TYPE: SWING
CMP: 2613.45
SELL BELOW: 2595
SL: 2650
TGT 01: 2572
TGT 02: 2523
TGT 03: 2475
RISK DISCLOSURE:
We are not S E B I registered analysts. please consult your, personal financial advisor, before. investing. We are not responsible for your profits/losses whatsoever.
ASIAN PAINT - Black Marubozu & Bearish Engulfing - on breakdown#ASIANPAINT after deceleration of YoY result on 24th June stock is opening and closing over the 100EMA and taking the support.
Today 8th July stock created the Black Marubozu and Bearish Engulfing candle that show weakness in stock but again it closed above 100EMA support.
Showing Bearish in all Technical Parameter:
Black Marubozu
Bearish Engulfing
CCI Bearish
William R% treading down
RSI treading down
Closing below previous low
Close crossing last month close from above
Aggressive New Shot position
Stock underperforming from Benchmark and sectrol index on 1 week and 3 month both
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Support : 1639 and 1595
Breakdown : 1659
CMP : 1686
Breakout : 1710.50
Short Target : 1748
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Positive Point:
1) Bullish in weekly and monthly chart.
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(Disclaimer: This is only for educational purpose.)
Asian Paints- Breaks 52 Week HighAsian Paints has recently given 52 Week High with strong Breakout. It confirms the strong Uptrend.On Monday expecting a Small correction in stock which i can assume buy opportunity near 1265-1270. My TGT Will Be 1380 for upcoming Week and 1500 for upcoming Month with the Stoploss of 1200
