ASIANPAINT trade ideas
ASIANPAINT on verge of serious breakdownNSE:ASIANPAINT has broken down from a triangular consolidation and seem to have taken support at 200 week MA. Last time the stock touched 200 WMA was in 2009 (yes, a good long 15 years back).
If 200 WMA holds then it would save the stock but if it breaks then we might see up to 30% downside from current levels as per TA targets for the triangle and these are conservative targets.
Keep an eye this week to check what happens at the end of the week.
Asian paints elliot waveIt will go down in an impulsive 5 waves to complete wave c of abc correction.And then start to go up for another impulsive move.
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
Long view in Asian paints in weekly patternAsian paints in weekly pattern formed a good pattern of triable price action.
A good support and resistance and price is at bottom.
long stock looks like about to revers after forming base on supp level and also getting supp from weekly trend line clearly. one can go long here as per there risk capacity. its not any buy sell recommendation.
Asian Paints Asian Paints Currently on Support....
Note:- before taking any action please Consult your financial manager....This Not any type recommendations
Asian PaintBeautiful chart after a fall some consolidation are visible. Good for swing trading SL will be small and I already mentioned a target. Proper Swing Trade.
Found Wedge Formation In Asian Paints Point To Remember
-200 DMA Support.
-Price is at low of Wedge Formation.
Everything is pretty much explained in the picture itself.
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Thank you So Much.
Asian paints ready to flyChart is self explanatory. Please follow the price action & take the trade as per your appetite.
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Asian paints LongAsian paints Long. Looks like it has bottomed out near 2707. That is a very good support area for long term. If it breaks below that then it will be bearish for a while. Lets see how it goes from now.
Asianpaints in DayIn my point of view, selling opportunity may occur just after a pullback in Day time frame.
Asian panits bearish PE2100Asian paints showing weakens
Option trader take PE call in ACC to HH and LL strategy and Target PE2100
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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 Looks Lired!! Sell!!#ASIANPAINT Looks for a huge panic of 10-15%; It gives a bullish pattern on 1HR-4HR; however use the raise to sell the rally. We see huge panic in couple of months.
Sell & Hold patiently.
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ASIAN PAINTSAsian paints price moving in triangle pattern so price came down and took support from bottom trade line so TGT will be upper trend line
only for educational purpose
Asianpaint-BuyThe stock looks good for long.
Its target I have shown in the picture. Thank You.
Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly.
This analysis is purely for EDUCATIONAL purpose
asian paintsasian paints @2950 on trend line, and at big support zone. it bounces every time from these support levels.
Asian Paints buy signal
Asian paints seems to be around end of its down swing. I think we can buy it for 5-7% upside in a months time.
ASIAN PAINTS is in Weekly Demand Zone GOOD TIME TO BUY
All information is for educational purposes only, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. i'm are not responsible for any profit/loss you made.
ASIAN PAINTS GOOD TIME TO ENTERCan Enter at 2910
Targets - 3600,4000+
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
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HAPPY TRADING 👍
ASIAN PAINTS LTD S/R for 29/1/24Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
