ASIANPAINT trade ideas
ASIAN PAINT : 08 SEP 20 :THE TRIANGLE PATTERN
SEE ALL MY PUBLICATIONS, IF IT SEEMS TO GIVE BOTH KNOWLEDGE AND PROFIT, THEN ONLY LIKE, SUBSCRIBE AND REFER TO YOUR FRIENDS.
Short Asian paints Short Asian paints around the upper trendline for the best risk reward. This is for only big capital people as it might need immense patience to roll over and wait for it to happen. Personally I would short it around 2000 for a target of 1700-1500
Disclaimer
Do your own analysis before deciding
Asian Paint Analysis for 2nd sept 2020So it's very interesting to see this chart further now. If market opens flat and move sideways on current level then are high chances of huge Breakout .
But if it shows some negative sentiments at opening then there is probability of sharp fall.
Let the market open and take position accordingly.
Asian Paints | BUYStock marked its new lifetime high of ₹2,016.85 last week. Now, the price action is sort of a potential bull-flag pattern and importantly, the monthly chart shows a solid breakout. Coming week, the stock is likely to make higher highs.
AsianpaintCurrently near all time high , if able to sustain close above 1834.90 in next few Weeks , can see movement upto 1918++.
Short - 2-3 months NSE:ASIANPAINT
Bearish Deep Crab under formation in ASIANPAINT in Daily.Hello,
Bearish Deep Crab under formation in ASIANPAINT in Daily time frame.
Noted: This chart is only for study and reference purpose only.
ASIAN PAINTSA breakout with good volume from a symmetric triangle and also from a rising wedge. Breakout from the rising wedge from the bottom of the wedge in one candle is a positive sign but a small pull back is expected which is where one can accumulate. I suspect it to correct to near 1760.
I also a expect a Golden Crossover soon which will help this stock run upside.
Asian paintsHello!! Asian paints is quite a good and famous name in the paint sector in India and it is quite bullish for the long term and for now I think target could be 1860 if it broke the resistance and then that resistance is quite strong can take reverse from there or maybe breaks and sustain above it so trade only after confirmation. and if somehow it took reversal from here then lower levels can be seen. #MY_VIEW #LEARNER
asina paints given breakout lets see tomorrow how it will goAsian paints given breakout lets see tomorrow how it will go
Asian Paint Support at TrendlineLooks Bullish close above 1806 can easily reach to 1860 levels
Taking support and retesting the breakout levels
Stop loss of 1720 the low of large green candle
Asian Paints break outAsian paints has already crossed triangle pattern breakout but wait for it to retrace to 1791 and then buy... if it crosses 1818 then retrace will not happen so buy above it and it will fly more than pre covid levels... Asian paints is the best stock to hold for 2 or 3 months... even if you had loss just hold it atleast a year
