ASIANPAINT trade ideas
Asian Paints - Detailed multi timeframe outlookMonthly -
Weekly
Daily -
Shared above
4 Hourly
Hourly
Gann Numbers for Asian Paints Gann Vibration Numbers
Asian Paints !
Sell in 1792 to 1794 with SL of 1812.1 for 1782, 1772
Buy in 1668 to 1670 with SL of 1657.9 for 1682, 1694
Cmp : 1743 on Dec 14 !
www.harmonicstraders.com
Asian PaintsOne can go short in this counter as today on daily chart it has given close below the rising wedge and also giving divergences on MFI,RSI and MACD
Asian Paints - Nov expiry - Retrace shortWeekly chart shows long term upchannel
Current price action shows upchannel being broken violently
Price is stalling at the top
Also moving along the top Bollinger, actually defining it
High chance of retrace back to top of channel or middle Bollinger in Nov
Move that can be captured 1794 to 1680
Asian Paints Bearish DivergenceAsian Paints is showing bearish divergence on RSI,MFI and MACD and also its breaking down from flag pattern, my observation is one can short with a stop of 1820 on closing basis , there can be a sharp down side for Asian Paints from current levels
ASIAN PAINTS outlook for 31.10.2019ASIAN PAINTS above 1825 can FLY
Intraday target can be 1875-1915
1-2 week target can be 2150-2200
