Asianpaints
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.
ASIAN PAINTS GOOD TIME TO ENTERCan Enter at 2910
Targets - 3600,4000+
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Asian Paints | Seems in a triangle|Elliott Wave Analysis#Asian Paint | #Elliott #Wave #Analysis | where is support?
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Asian Paints High Reward IdeaAs per my analysis NSE:ASIANPAINT has completed its weekly correction. Sustained above previous low's and trying to make ready for upside rally. Best entry level to take positional buyer entry is 2965 with stop loss of only (2910 (-55 Points Risk). My expected upside target would be 3080 (+115), 3132 (+167), 3173 (+208) & 3249 (+284).
This could be very low risk and very high reward idea.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
ASIANPAINT--Long on Trendline Break and Retest??I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
If price breaks the resistance, we have a chance of filling the bearish gap, soo keep in buyside until it touches the zone of resistance and bearish gap.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
Asian Paints - Bearish OutlookAsian Paints - Elliott Wave Count
Asian Paints - Expected more fall up to 2900 to 2800 level.
after Wave E triangle completed we can expected sharp recovery with a impulsive up move
Please exercise caution when trading as this information is for educational purposes only.
NSE:ASIANPAINT BSE:ASIANPAINT NSE:ASIANPAINT1!
Asian Paints Positional Buy IdeaAs per my analysis NSE:ASIANPAINT has been sustained above important resistance of 3197. It could be best positional buy entry at level of 3250 with stop loss of 3175 (-75 risk). My expected upside target would be 3315 (+65), 3380 (+130) & 3480 (+230).
This could be low risk and high reward idea.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
ASIANPAINT--Long Opportunity??Price is still in the same range after a strong move to the upside...
After giving some discount to enter long.
I have identified a potential long-term investment opportunity in Asian Paints.
After conducting thorough research and analysis,
I believe that this stock has strong fundamentals, growth potential, and a solid competitive position within its industry.
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.