Asian paints has already crossed triangle pattern breakout but wait for it to retrace to 1791 and then buy... if it crosses 1818 then retrace will not happen so buy above it and it will fly more than pre covid levels... Asian paints is the best stock to hold for 2 or 3 months... even if you had loss just hold it atleast a year
Asian Paint Bull pattern observed... #asianpaints #asianpaintanalysis #asianpaintpositionallevels
Hello!! Asian paints a very famous company in India is in an uptrend now but since it just broke out today and given a really big move, therefore, I'm thinking that it will now retrace a bit maybe 50-80 pt.s if it didn't break the resistance that hard red line. let's see what will happen in the next market day. #learner #my_view
r1- resistance 1 r2- resistance 2 t1- target 1 t2- target 2 only for educational purpose.
Hangging man candle formation on daily chart. Today's selling volume is huge. Bearish cross over on MACD daily chart. SL 1746-1750 Target 1570 Positional
Buy : 1610 - 1620 Stop : 1570 Target : 1680 , 1750 , 1800
#ASIANPAINT after deceleration of YoY result on 24th June stock is opening and closing over the 100EMA and taking the support. Today 8th July stock created the Black Marubozu and Bearish Engulfing candle that show weakness in stock but again it closed above 100EMA support. Showing Bearish in all Technical Parameter: Black Marubozu Bearish Engulfing CCI...
Long Asian Paint Indicator based Buying MACD breakout Target SL on Chart For monitoring educational purpose Trade on your own Risk
ASIANPAINT - GO LONG @ CMP WITH A SL OF 1483 AND A TARGET OF 2040. TARGET SHOULD BE ACHIEVED BY JULY-END. COMPULSORY EXIT ON TARGET COMPLETION. CAN GO SHORT.
entry and exit points are given in chart
Weekly Closing below 1680 can take stock to 1500 levels
* Price Bounce Back From Demand Zone . * Any 75 Min Candle Did't Give Closing below Today's Low . * Strong RSI Divergence . Buy When 75 Min Candle Close Above Today's High That Is 1576.5
- Break of Down Trendline (forming a falling wedge in the end) indicating that Selling pressure has subsided. - RSI showing Double Bullish Divergence is another indication. - The last gap down opening was filled by a close above it. - A Retrace to the marked Buy Zone is a buy.
Hello friends, I hope you like my analysis if you have any question you can comment or support by liking it. If you are liking to buy Asian paint then you can buy below the lower value for delivery for towards 1600-1700 Thanks
Asian paints Swing trade possible - downtrend with loss on momentum - Target 1720 Sell may futures at highest price point for a gain of 40 to 50 points.
Expecting 850-950 Zone to be visited, which gives will us opportunity for LONG TERM INVESTMENT.
Based on trend pattern it seems on daily chart Asian paints showing good support near bottom of channel formation. Hope it will show positive side movement from Monday and can see upward movement in 2- 3 days for 3-5 % minimum as iam expecting.