Asian Paints Buying OpportunityAsian Paints Buying Opportunity, Buy Above 3450 and Hold till Nov end for good profit
ASIANPAINT trade ideas
AsianPaint Bullish MomentumHere I am Sharing the technical analysis of Asian Paints. As you can see that the price is at life time high so I've used trend based Fib Extension Tool to find out the levels up to where the price can reach or from where the price can resist in the open Sky.
The Price has been trading in a channel and it has resisted the upper trend line of the channel and from the 78% level of fib extension as well. RSI seems to be rising and building the momentum and Stochastic RSI has given the positive signal as well.
One can buy Asian Paints for level of 100% i.e. 3644.05 if the price consolidates near to the 78% level or breaks through the level and the trend line.
Note: This is just for Educational Purpose. Before entering the trade please consult with your Advisor.
Asian Paint is forming Cup and Handle Pattern on Daily Chart.Asian Paint is showing a buy trend because
ADX Indicator is 38.16 (Trended Buy) and showing a buy because it is near DMI+ blue line Indicator.
RSI is 73.34
If it gives breakout again with volume it can go up.
Target 1 - 3400.50
Target 2 - 3621.50
Disclaimer - This is for educational purposes only. I can be 100% wrong. Do your own due diligence before investing.
Asian Paints BreakoutThe stock has broken out with good volumes and retested, so it may undergo a rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & previously upper trendline. The target is placed based on fundamentals.
Technical analysis of #ASIANPAINT for long term investmentHere is my technical analysis of #ASIANPAINT
▶️long term investments (using monthly charts)
▶️short term investments (using weekly charts)
Indicators :
▶️200 DMA
▶️Bollinger Bands
▶️RSI
For educational purposes only.
#stockstowatch #NSE #investing
Technical analysis of #ASIANPAINT for short term investmentHere is my technical analysis of #ASIANPAINT
▶️long term investments (using monthly charts)
▶️short term investments (using weekly charts)
Indicators :
▶️200 DMA
▶️Bollinger Bands
▶️RSI
For educational purposes only.
#stockstowatch #NSE #investing
ASIANPAINTHello Traders,
No Sl just go long for targets as shown on to the chart. have a safe and joyful trade !!
ASIAN PAINTS - Strong support!!.618 Fibonnaci level or 2960 is a crucial support for the stock.
Also, it is respecting the 50 EMA.
Less likely to breach.
Buy Asian paints target 🎯 2500Buy Asian paints target 🎯 2500 because it has recently given major breakout .
Asian Paints Buying OpportunityAsian Paints Buying Opportunity break all time high
We can buy at current level.
asian paint long asian paint might be in mood of reversal that seen in chart
entry will be 3060
sl -3050
target1-3080 -3115
Price ActionTrend lines can be used to trade, if it closes beyond those trend lines trade can be taken respectively
Asian PaintA long position call Asian Paint@ 3025 around
disclaimer; This post only educational purposes only.
Asian paints looking bearish for a whileAsian paints looking bearish for a while
1. RSI negative diversion
2. Double top pattern
3. Rising wedge Flag pattern can breakdown
4. Daily candle showing bearish sign
Long AsianpaintsLooking good for 3150+ .
NSE:ASIANPAINT
Important levels marked on the chart.
Education purpose only.
ASIAN PAINTS LTD. LONG FOR 3 WEEKLong for 3 week
Technical view:
This srock outperform benchmark index and sectoral index from 2 days.
Higher volume bullish candle.
MACD crossing above zero line.
RSI positive
Good relative strength.
Support Super trend signal and uptrend continue.
Possibility of small retracement, bye after small retracement.
Asian paints hourly chart trading near to its 20 ema .trendline resistence breakout . decent bet for tomm intraday
