Asian Paints Long Setup FibonacciAsian Paints CMP 3285
Reversed from its major support 3155 and showing Long momentum ,
Strict Stoploss for daily candle closing below 3250
View is Long
ASIANPAINT trade ideas
AsianPaint fibonacci targets Based on fibonacci indicator Asian Paints is going to trade till 0.38 levels after braking this level next target will be fibo golden level of 0.618
30% potential gain in asian paint30% potential gain in asian paint
Paint leader
Good financial
Cup & handel pattern
Base breakout with green candle
Avoid making new position *One can't go long until break 3590 on closing basis.
*History repeat it self.
*One can see in chart It's pretty much a drop from the upper level's
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....
ASIANPAINT : Expecting a sell-offIf Asian Paints falls into the low of the channel ( or potential wedge ) formation then we may look for an entry, if the fundamentals also favours the move when that happens.
Will update underneath when that happens.
AsianpaintAsianpaint Chart Analysis........31/07/23
The Asianpaint range is 3350 to 3431. Now when the upper or lower closing of this range comes, then we can take long or short trade on that side.
Enjoy !
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.
Asian Paints Asian Paints
Tested 3590 Resistance Multiple Times & Failed.
Has fallen 25%-28% from this Resistance level.
Vol. Too is going down.
OPEC+ keep Crude Oil Prices High.
Need to watch to take Position in this.
#ASIANPAINT - Long Opportunity#ASIANPAINT - Long Opportunity
ATH break out is expected in ASIANPAINT. Wait for candle close above ATH on day closing basis
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.
ASIANPAINTS H&S LOOKING BULLISHExpecting good move next trading session
Pattern also suggest go for long
Happy trade see yaa,,
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...
Buying view Asian paints has create a new breakout and yet again it is going to breach its prvs breakout level stay tuned for more
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.
Asian Paints viewsAs disclosed in the chart drawing, I will be keen in observing the probable support zone on daily time frame.
Asian paint chart breakoutlooks like asian paint chart has just given breakout and 3400 looks like cake walk for stock.
ASIANPAINT- LONG - EDUCATION PURPOSEASIANPAINT- LONG - EDUCATION PURPOSE
#ASIANPAINT
Its forming base with cup pattern.
If it consolidate more at higher level we may get big breakout above 3150
Asian Paints touched swing high
Asian Paints touched swing high a few days ago. We should be able to make 3-4% on the downside in next one week
ASIAN PAINTS Make Cup and handle pattern in 4 hour time fram , price is at 52 week high 50 EMA cross 100 EMA from below that's bullish Sign so first Target will be 3534.80 and Stop loss will be 3031.80
This is for educational purpose not a trading advice so that's my view comment down your view 🤗
ASIAN PAINTS (D)- BREAKOUT STOCK- Price formed a Cup and Handle Pattern at 3130 level
- Breakout of C&H, following with pullback dry volume candles
#ASIANPAINTS #NIFTY50
