ASIANPAINT trade ideas
ASIANPAINT long term - good investementLook at great result, link attached.
Was breathing out - may be small consolidation - watch trend next week - should be up in a day or two.
Asian Paints seems like it has made the higher low...1. Bouncing off of 200 ema
2. MACD has given signal.
3. Good R:R.
ASIAN PAINT fly fly flyAsian Paint ready to fly back ,, solid company with great financial reports. Stay long stay rewarded
Asianpaint at golden ratioAsianpaint on trendline support with rsi regualar positive diveregence and fib golden ration. Target on chart...
ASIAN PAINTS LTD BREAKDOWNwww.tradingview.com
SELL BELOW : 2370
STOP LOSE : 2529.05
TARGET : 2106.95
ASIAN PAINT swing trading ideapattern - price channel breakout (flag pattern)
timeframe - Daily
risk-reward - 1:2
Asianpaint - Elliott wave analysis - ABC zigzag of 4th waveIt is in 4th wave correction as ABC zigzag down. it will bounce in B wave soon, which will give the opportunity to short sell for C wave down.
Asian paintsbelow 2370, possible target is 2315/2255. 2250 -2300 is potential reversal zone for asian paints.
#Asian Paints weakness spotted ?Markets are at ALl TIME HIGH while Asian Paints is down by 500 points(-17.5%).
It can further correct to its demand zone of 2250-80 .
Price falling with the rise in Future O I indicates more short positions buildup.
