AP Demand ZoneASIANPAINTS Demand zone has marked in monthly timeframe weekly timeframe and day time frame. Lets see how the candles are moving .
ASIANPAINT trade ideas
asian paints bullish divergencehidden bullish div on both macd and rsi.
we are maintaining the sideways channel.
SL is 9% with 21% channel top target.
should go long
ASIANPAINT Buy for intraday tradingASIAN PAINT Buy for intraday trading if the stock breaks the given resistance level..........
Asian Paints NSE:ASIANPAINT
After a long time Asian Paints made hammer on strong demand zone . ASIANPAINTS showing strength .
Now time for go long in asian paints stocks
ASIANPAINTAsian paint is moving in a range. However, I have this analysis for a short time swing only.
It can give a 100-150 point move anywhere up or down once it breaks this range.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Asian paints Investment strategy Asian paints Investment strategy
Investment strategies in Asian Paints stocks
#asianpaints
Upper range 3500-3600
mid range - 2900-3000
lower range- 2600-2700
Asian Paints Head & Shoulder patternHead & shoulder pattern on Day chart of Asian Paints.
Also faced resistance of 200 ema (blue)
If stock breaks support of 3000 then candidate of short trades.
SL just above 3100. And downside target 2900, 2800.
#ASIANPAINT #BERGEPAINT #INDIGOPNTS #KANSAINER #SHALPAINTS #OIL#ASIANPAINT
NSE: ASIANPAINT
CMP: 3112
TP: 3332
SL: 3010
TF: <1m
RR > ~2 times
Return > 7%
BERGEPAINT ASIANPAINT KANSAINER SHALPAINTS NSE:INDIGOPNTS
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
ASian PaintAsian Paints CMP 3055
SL 3000
Target 3500
Swing / Positional
Follow up chart.. Good bounce
ASIANPAINT..CASH..NSE..ANALYSISASIANPAINT GOING TOWARDS UPSIDE AFTER RETRACEMENT AS I SUGGESTED ON 4TH NOVEMBER, 2022... ONLY PATIENCE MATTERS ... RETRACE AFTER TOUCHING IMP SUPPORT LEVEL SUGGESTED IN ABOVE CHART... NOW MOVING TOWARDS GIVEN TARGETS
.
this study i published in last month nearby 4th November... now it's showing result
Asian Paints Long TermTechnical Analysis :
-- Strict Stop Loss = 3077
-- Target - 1 = 3387
-- Target - 2 = 3625
-- Target - 3 = 4232
-- Strong support at 2786.
-- Touching 55 EMA
Fundamental Analysis :
-- Current price is more than the intrinsic value
-- Maintaining a healthy dividend payout
-- CAGR: 10 years - 22%
-- Cash Flow is negative
-- ROCE : 27 %
As the PE ratio is a little high compared to the Median PE i.e 68.8. So keep on investing in a small amount
Short term tradewait for 2 weeks if target hits exit or exit after 2 weeks. if its comes down below 10% avg with more quantity and wait for recover. it will recover bcz its fundamentally good stock.
Asian Paints Bullish viewAsian paints :
Indicators
Price action
RR = 1:3
Looks like Asian paints has decided to use GREEN colors over RED ones.
ASIANPAINT LEVELS 30.11.2022 (D Candle)ASIANPAINT now forming bullish hormonic pattern, once its closed above 3150 then will expect good move in short term.
Is this right time to invest in asian paint??? fly or drop?as perr my analaysis 3060 act as strong support area with double bottom .. in my analysis i will go 4023 with sl of 2919 .crude drop
A GREAT MONEY MAKING OPPORTUNITY BY ASIANPAINTin asianpaint's Stock case whenever the stochastic indicator crosses below 20 to upside it had given atleast 25-30% return . and it happens very rarely. from 2008 to till today it had happened only 9 times that it crooses below 20 to upside .
which is very exceptional case . and every time this stock had given more than 25 % return after this pattern happened which you can see in the chart . and now this days this pattern is taking place in this stock .
one can buy it on 3100 to 3150 and put a stoploss arround 3030 which is strong support and can expect atleast 20% returns from this levels
i use my own stochstic indicator which anyone can use it by just changing it's settings as follow
go to setting of the stochastic indicator click on inputs and change inputs as follows
%k length 20
%k smoothing 3
%d smoothing 20
now click on style and unclick the %k icon and you are done .
yes this is kind of advice .one can take it or leave it . it all depends on your actions.
Asian Paints - Double BottomStock looks in pretty good shape bouncing from the Low level and sustaining there
Stock can move up to a First target of 3187 which is the neckline and if that is broken it can reach the Second Target of 3241.
Stop Loss - 3018 as shown in the picture
Asian Paints RangingDisclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView.
Breakdown below 3030Playing with support level in multiple time frame and below that can see a 70-90 point fall with continuation of downtrend in daily time frame.
Asian Paints ShortingHi guys, In this chart i Found a Supply zone in Asian paints so i just Observed clearly Levels and I drew a chart. Dont's Take any trades based on this Picture ...because this chart is for educational purpose only not for sale... plz do your own analysis too.. Thank Q
Asian paint monthly support Asain paint has respected Monthly Ema20 support always . except few times .
buying around monthly Ema20 in this stock reduces the risk and increases the chances of profit on longer run.
ASIANPAINT...CASH..NSE..ANALYSISASIANPAINT took breakout on daily timeframe..
it has high probability to move upside...looks good for short term delivery investment
