Asian paints will touch 3400 again For all trade on my Auto Harmonic patterns indicator trade setup -
Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail our SL if trailing SL hit exit from long trade and initiate sell trade ,
ASIANPAINT trade ideas
ASIANPAINTS--@Near Golden Zone ??The stock is facing resistance from the zone 3560-3580 zone....
After a strong bullish momentum from bottom levels,
price is now given retracement to the golden zone of fibonacci....
Look here for buying opportunity to enter long....
@3200 Zone previously a strong buy ness is observed...
Keep track this for buying.
This time price may break the resistance levels...
A strong consolidation is observed before reaching the Golden Zone
and also a strong fall indication of exhaustion of sellers....
Keep an eye on these levels @3360 will again try to push downside...
If this zone pushes the price down 3240 level will again pushes the price upside...
keep look for buying....
ASIANPAINTS--@Resistance ??Asian paints reversed from the Resistance zone....
A strong fall is noticed....
the stock is in a range from 3 days....
It might again test the Resistance zone...
now the price is near its support, observed Morning star Pattern...
keep observe this stock... if failed to break above the resistance will look for sell.
ASIANPAINT Asianpaints currnelty at a good resistance zone. Good to go long in this stock if it closes above 3550 in daily time frame.
Keeping the SL just around 3450 levels.
Trade safe. Manage risk. Be profitable.
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Disclaimer:- This is my view. Please analyze the charts yourself and then decide to take any trades.
ASIANPAINT--Trading in Resistance Zone??Price is in the resistance zone....
showing bearish pressure but sellers failed to take the price downwards....
price broken the trendline and again buyers push the price upwards...no chance for short.
keep track this for short....will update once it is reversed...
ASIANPAINTS--Near Its Trendline??Observations::
The stock is trending upwards...
price is taken the support from previous resistance in the zone 3250 and moved up...
now price is near to the trendline...if price breaks this will again test this zone...
If this zone failed to take the price again up...and trendline acts as resistance...will observe a strong fall.
keep track these levels...3250 and 3175-3150 range and final support @3075-3050 range.