Asian Paints Nearing Bullish BreakoutAsian Paints Ltd is on the verge of a bullish breakout at 3145, with the next resistance at 3393. The stock is forming a bullish megaphone pattern, supported by strong volume, indicating potential upward momentum.Longby GlobalMarketGuru4
Asian PaintsLooking this counter to reach 3600. Discuss with advisor before taking any trades.Longby Stockiist4
Asian Paints can rally on low crude oil price. Asian Paints Ltd. manufactures and markets paints and coating products. Asian Paints CMP is 3101.75. The positive aspects of the company are Company with Low Debt, Annual Net Profits improving for last 2 years, FII / FPI or Institutions increasing their shareholding AND MFs increased their shareholding last quarter. The Negative aspects of the company are High PE (PE=58.6), Declining Net Cash Flow : Companies not able to generate net cash, Highest increase in pledges by promoters AND Companies with growing costs YoY for long term projects. Partial entry/tracking quantity can be taken after closing above 3105. Main entry can be taken after closing above 3152. Targets in the stock will be 3221 AND 3304. The long-term target in the stock will be 3368 AND 3423. Stop loss in the stock should be maintained at Closing below 2848 or 2671 depending upon your risk taking ability. Asian paints is considered by many as a portfolio stock due to its huge market share and deep penetration in the market. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.Longby Happy_Candles_Investment3
ASIAN PAINTSA gud chance to buy asian paints big elephant candle supported by gud volume also bottoming pattern u can buy from this price range. sl will be green candle low. and the first target will be all time high and further it may have a good target.Longby DEVA4350
AsianPaints in NR7 PatternAsianPaints NSE:ASIANPAINT in NR7 Pattern. The Buy would be active @ 3024 and 1st target would be 3415 . Next target would be 3800, which can you can achieve using GTT(Risk Reward)Longby ProfitPearlUpdated 11
ASIANPAINTHi guys, In this chart i Found a Demand Zone in ASIANPAINT CHART for Positional entry, Observed these Levels based on price action and Demand & Supply. *Don't Take any trades based on this Picture. ... because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank you Longby GirirajKoppal0
Asian paint green run is coming on charts Asian paint struggle past several year to give positive return but now time has came to give return on that share Technical point - Multiple Time frame analysis 1- Strong multi time frame support at 2600 & 2550 2 - Flag pattern breakout on H4 time frame 3 - Rounding bottom reversal on daily time frame 4 - After may month last 4 year give only positive return seen on charts 5 - Last year in may 3000 to 3560 run came same chart and same think happen this time also 6 - Near supply zone 7 -That time he reached 52 week high and break his life time high of 3582 and given 4400 TRG First TRG - 3400 Second TRG - 3600 Third TRG - 4000 Final Trg - 4400 SL 2520 that delivery only for the long termLongby Share-Mechanic1
ASIANPAINT NSE:ASIANPAINT One Can Enter Now ! Or Wait for Retest of the Trendline (BO) ! Or wait For better R:R ratio ! Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low. 2. R:R ratio should be 1 :2 minimum 3. Plan as per your RISK appetite and Money Management. Disclaimer : You are responsible for your Profits and loss, Shared for Educational purposeLongby CreativeCreature5
ASIAN PAINTS LTD S/R for 11/7/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. 20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthosh0
Asian PaintsBlue lines are weekly support and resistance, 200 ema on the weekly chart is acting like a Mojor support. On a daily timeframe, a triangle pattern is being formed. Breakout on the long side with volume will be a good trade. Longby brindasharma180
Asian Paint: Investment Opprtunity Asian Paint's stock price has been stagnant over the last 2-3 years, indicating it is not currently on the radar of investors and traders. On the monthly time frame, it is forming a rectangle or Darvas box pattern. However, if we look at the company's revenue and earnings figures, they are steadily rising. More importantly, its total assets and gross income are also increasing. This suggests that the company, already a market leader, has been steadily increasing its production capacity. Therefore, when industry demand turns, the market leader is likely to benefit the most.Longby Pranam184455
ASIAN PAINTS BEST FOR SWING Expecting 17 to 20% up move from this level with a 9% SLLongby sameelshamsudheen5
ASIAN PAINTS UPMOVE?Asian paints can give a good up move with a decent stoploss and good Targets as it is trying to break several months range in daily time frame. And so we can get a good swing to positional trade opportunity. ENTRY -2925-2930 STOPLOSS - 2905 TARGETS - 2995, 3030, 3100++ Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back I'm not sebi registered this is my personal view Please like or boost my idea if you like it or traded it ThankyouLongby chaitanya16921
Asian Paints - don't waste time follow simple approach??NSE:ASIANPAINT Too much talk about Asian Paints? Retail investors aren't all fundamental analysts and only sometimes have the time. If you're screening and believe Asian Paints will withstand the competition, focus on that. Trust in the Indian growth story. Note: I'm not buying or planning to – my focus is on growth. But for super long-term investors, this might be of interest. Here's what I'm tracking – the 3-month candlestick chart from TradingView. For heaven's sake, it's business – 3 months give us a fair timeline for price action to show some certainty. Disc: No investment , no recommendation #AsianPaints #Investing #TradingView #LongTermInvestment #pwinvest #tradingby Peaceful-Weekend-InvestingUpdated 3
Asian Paints - Ready to give a big upmoveThis stock trades with good volumes on the bourses in the higher time frames. Similarly, it is in the oversold zones of oscillators in higher time frames. The 52W H/L being INR 3,568 / 2,694 It is consistently making Higher Highs and Higher Lows It is standing right at the support level of INR 2925 and we expect it to bounce back from this support to make a new lifetime high. If it fails to support INR 2925, it will enter its demand zone at INR 2700 wherefrom it will bounce back to reach almost its lifetime high Resultantly, I believe that the target price should be INR 3760-3800 Stop Loss should be INR 2560 Risk to Reward will be 1:6 The time horizon should be 9-12 months Longby Hobbytopassion_ManishJainUpdated 3311
Short idea for Asian paintsIt has lost the weekly support of Ascending triangle. Very risky to long at this moment. If this short goes as per the plan I would love to invest again in bulk. Plan is failed if we go above my stop loss level. Fingers crossed!Shortby vasanthcse2005Updated 1
LONG ASIAN PAINThold asian paint for 3 to 6 months target 3600 it is near its support zoneLongby csantosh342
Asian Paints Intraday and Swing for 06.05.2024-Bullish As per the reference analysis on 29th April for intraday, we got good trades(Attached link for the previous analysis). In continuation to this, we got very good structure formation towards bullish movement. Weekly and Day TF is at Strong support area 15 Min TF • Price is in upward trend • Price is reacting as per previous breakout. • Resistances are converting to support which is good sign on bullish hold. • Wait for more consolidation. More consolidation and upside breakout then more chance and quantity can be increased • Fibonacci retracement has taken strong support at 0.618 Level which is very good sign trend continuation. Also volumes has decreased during retracement Strong Buy: Above 2951. Target upto 2990. Swing traders can hold for more profits Get confirmation from any of the leading indicators before entering trade Kindy comment below in case of any clarification required on this particular idea. Please follow for more ideas Longby Swinging_Inside_the_BARUpdated 5514
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. Do like, share and follow me. thank youLongby ronak161252
asianpaints loangswing trade for long in asianpaint on one day time frame reason behind the trade that box break out with big candle .use box's lowest price or break out candle's low on closing basis happy tradingLongby umeshuspUpdated 116
Asian Paints heading to important supporting levelsAsian Paints heading to important supporting levels Opportunity ahead 2354/- below 2645 by XDataAnalyst1
asian paints1. here there is a good uptrend but there is a trend line breakout towards down 2. we can see the support is acting as a resistance here 3. the yellow mark is a new support level if it breaks there will be a good speed move towards downShortby saimandali6
Good time to accumulate Asian Paints Asian Paints Ltd. manufactures and markets paints and coating products. The company was founded on February 1, 1942, and is headquartered in Mumbai, India. Good time to accumulate Asian Paints as it is in the bottom Trendline of a monthly patternLongby Akshaytrader0075