ASIANPAINTASIANPAINT
High RR
Need to keep an eye on candle pattern
Buy - With the market sentiment but after price action
Sell - After price action confirmation
ASIANPAINT trade ideas
Asian Paints - Bat Pattern Asian paints daily has Bat Formation.
Bat prz zone is at 1860 levels which is near with gap resistance at 1840, hence this provides us with supply zone of 1860-1840.
Stop loss can be place at 1900 levels with a target of 1700 levels.
Entry of trade can be planned on lower time frame in the zone of 1840-1860.
PLEASE DO NOT FOLLOW BLINDLY, DO YOUR OWN RESEARCH.
[Buddha] ASIANPAINT Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Asian Paints bucks the downtrendNSE:ASIANPAINT A Good LONG TERM pick. I know the support trendline is nowhere perfect but according to my second opinion as it is piercing through the candles it is well acting as a good support as well as resistance trend line in itself.
ASIAN PAINTS | Making Higher Highs | Buy Opportunity (NSE India)Friends, please support this idea with LIKE if you find it useful.
I'm seeing a buy opportunity here. Use the pullback to get in.
Reason:
- Seen a huge demand at market opening; Market gapped up.
- Sellers tried to push the price down. They couldn't breach the yesterday's low; followed by strong rejection candle means a demand pool is there.
- Making higher highs to the upside; bulls were in full control.
- Weak resistance to the upside.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
ASIAN PAINTS | Short Sell OpportunityFriends, please support this idea with LIKE if you find it useful.
Even though its main trend is positive. Looks like price is going to retest the previous demand zone before it rides back to the upside. So you may get a sell opportunity here. Use the pullback to get in.
Reasons:
- Made a double top.
- The price is trading near a resistance area. .
- Nifty is weak.
- Weak supports.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
ASIANPAINTS - ULTIMATE EXPIRY PLAY FOR SHORTS. RR OF 1:8ASIANPAINTS - GO SHORT @ CMP WITH A SL OF 1690 AMD A TARGET OF 1325. TARGET SHOULD BE ACHIEVED BY APRIL 30, 2020
this stock is a leader in chemical industryin last 3 month Asian paints down by 13.16%
and nifty down by 33.88%
Bearish Flag Pattern in ASIAN PAINTSBearish Flag Pattern in ASIAN PAINTS daily charts
Lets see if it the Flag breaks out and Continuation happens..If yes, then it may reach 1315.
Or Flag breach happened at 1600?
Asian Paints forcastPrice seems too high and the channel obeys it, As the price reached the above line it may go a little high above or equal to 1927.
It opened gap up today and made a high of 1915.
I am expecting it will come down to 1530 in the next quarter.
Drop in the oil prices will benefit the paint sector.
Key Raw material imports (Titanium dioxide) from China may affect the sector.
ASIANPAINT - Will we see a 30% fall in next 2 months?ASIANPAINT - Will we see a 30% fall in next 2 months?
Asian paint Long Asian Paints with Volume Break out Bullinsh Flag Pattern Long side Sl 1830 Tgt 1920
ASIANPAINT | Dynamic Resistance at 200D EMAThe daily trend of the stock bounced of 200D EMA quite a lot many times to make the dynamic resistance a lot stronger and is expected to maintain above the same resistance and bounce back and go long upon hitting the resistance again. But meanwhile the trend holds a strong resistance against 50D EMA.
