ASIANPAINT trade ideas
Paint or chuna?Bought small in the early morning at market open, added rest after 2hr candle closed above resistance.
Won't add more... Will book most of my position as it hits my tp.
Asian Paints For Short TermAsian Paints Go Long For Short Term Trend Line Breakout + Last Swing Breakout + Levels Are Target.
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Asian Paints Bullish on smaller 15m TFHead and Shoulder pattern with breakout and retest in Asian Paints. We could see targets of 3180 in coming days.
ASIANPAINTNSE:ASIANPAINT
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Asian Paints : Bearish
Monthly:
Long wick candle followed by bearish engulfing candle
Weekly : Bearish
Daily :Bearish
1.Trend Line Resistance
2.Key Resistance Level
3.Multiple Candles Rejecting.
4.0.5 fib level -Bearish Pullback
5.Broke EMA 50
Buy Asian Paints : Negative news done with .. Asian paints is a stock if you consider the backtest data has rebounded sharply whenever it has went below its 90 days EMA and same has happened this time. Now the stock is trading at 3170 and one can expect a decent move of 200₹ to 3400 in 15 days. The allegations have been dealt with and the stock is poised to resume its journey ahead. Keep a Stoploss of 150 ₹ at 3020 closing basis .
ASIAN PAINT Buy For Intraday TradingASIAN PAINT Buy For Intraday Trading if Stock break the levels of 3146
Asian Paints ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone, 200 MA & the lower trendline. The target is placed near resistance.
Asian paint both side targetAsian paint stock for intraday trading for both side target buy and sell side
ASIAN PAINTS is a Diwali PickASIAN PAINTS is a Diwali Pick
Reached the demand ,
Accumulate for long term.
No SL as its a investment pick.
Long asian paintsmultiple confirmation setup , trendline support , 200 ema support , previous resitance acting as support zone. Can be a good swing trade with favorable risk reward .
Im a beginner im just sharing my views
ASIANPAINTS - Reversal
Daily TF - Took support at the last demand zone.
Hourly TF - Momentum Buildup in RSI.
The negative news has already been factored in & the price fell almost 700 Points.
Once can enter with a sl of 2840.
ASIAN Paints
Negative trend
RSI - 28.13
MACD - Downtrend
Enter only once it cross the 50 Day Moving average @ the above give levels
AsianPaintsDescendingTrianglePatternToday (22.10.2021) very clear Morning start formed in Asian Paints if confirmed sure we will get 25% profit very short period
ASIAN PAINTS : CMP 2952Stock Entering in Daily timeframe Correction...if Stock Failed to Break levels of 3100 in next one week...then it will confirm that Stock enterd in Dailytime Frame Correction which will expected to Go on till March...and 2700 on pricewise...NO SHORT...
Short opportunity in Asian Paints
Chat is self-explanatory.
Setup is very simple only Support and trend are used.
Asian Paints trading near the Support level.
Asian paints is weak below 3150 can drag down 150-200 points down from level.
Happy Trading.
Asian Paint 1hr chart Descending Triangle 20 Oct 2021Asian Paint 1hr chart forming a Descending Triangle 20 Oct 2021. Earnings will be posted tomorrow on 21 Oct 2021. Watch out for Breakout Post earning.
long one can enter above 3260
target 3390
sl 3200
gud recovery from 3171 a bullish candle on daily basis
enter only when sustain above 3260 for 1 hr
this is for education purpose
