Asian Paints - Bullish Structure - VSA AnalysisVSA Study for NSE:ASIANPAINT
Stock has got good consolidation after the previous Volume based Breakout with WRC.
Today it has given the breakout again from current consolidation area.
Horizontal consolidation are consider to be good setup, for the reasons please explore some good books on price action.
If this breakout survive then it can give a good momentum setup.
After trading the breakout setup, one should avoid chasing the stocks. Instead let it to be cool-off and complete its pullback structure then accumulate more.
My Setup for Tomorrow Entry: 2132 above if sustain then I will take entry .
Asianpaints
Asian paints gave easy 2% returnthings I have learnt
1. Paper trading is different than real trading
2. discipline and risk management is the only key
3. find the convenient setup according to you and work hell out of it.
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ASIANPAINTS - Intraday/Very Short term swingThis analysis is purely based on Price Action and Chart Patterns
Target may reach in intraday trade or in a couple of days.
Trade Strategies are shared in image itself with proper Entry level, SL and Target level
*Trade on your own risk and money management*
Feel Free to comment for any queries or suggestions
ASIANPAINTS (Double Bottom, W Pattern) - Intraday/BTST TradeThis analysis is purely based on price action and chart patterns
This trade analysis is for intraday/BTST Trade
Trade Strategy is given in image itself.
*Trade with your own risk and money management*
Feel Free to comment down for any query or suggestion.
ASIANPAINTS (Cup & Handle) - Intraday/BTST/Short Term SwingThis analysis is purely based on price action and chart patterns.
This can be used for intraday as well as for BTST or Short Term Swing.
Stock price is at important level and if breakout happens it may reach to target 1 quickly
Entry, SL and Targets are marked in image itself.
Trade at your own risk and money management
Feel Free to comment down for any queries or suggestions
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 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
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
Asian paints Hello!! Asian paints a very famous company in India is in an uptrend now but since it just broke out today and given a really big move, therefore, I'm thinking that it will now retrace a bit maybe 50-80 pt.s if it didn't break the resistance that hard red line. let's see what will happen in the next market day. #learner #my_view