#Asian Paint | #Elliott #Wave #Analysis | where is support? Hey guys please find the #analysis of the #asian #paints ltd. I am not a sebi registered analysis please consult with your financial advisor for any buy sell activity. please subscribe to this channel for more such video. thank you to those who subscribed earlier. regards
NSE:ASIANPAINT about to breakout 3365 level. We can see long term move above 3365 with SL of 3084 and can average till 3132. Major targets levels are highlighted in blue lines.
As per my analysis NSE:ASIANPAINT has completed its weekly correction. Sustained above previous low's and trying to make ready for upside rally. Best entry level to take positional buyer entry is 2965 with stop loss of only (2910 (-55 Points Risk). My expected upside target would be 3080 (+115), 3132 (+167), 3173 (+208) & 3249 (+284). This could be very low risk...
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure...
Asian Paints - Elliott Wave Count Asian Paints - Expected more fall up to 2900 to 2800 level. after Wave E triangle completed we can expected sharp recovery with a impulsive up move Please exercise caution when trading as this information is for educational purposes only. NSE:ASIANPAINT BSE:ASIANPAINT NSE:ASIANPAINT1!
As per my analysis NSE:ASIANPAINT has been sustained above important resistance of 3197. It could be best positional buy entry at level of 3250 with stop loss of 3175 (-75 risk). My expected upside target would be 3315 (+65), 3380 (+130) & 3480 (+230). This could be low risk and high reward idea. Note: This is my personal analysis, only to learn stock market...
Price is still in the same range after a strong move to the upside... After giving some discount to enter long. I have identified a potential long-term investment opportunity in Asian Paints. After conducting thorough research and analysis, I believe that this stock has strong fundamentals, growth potential, and a solid competitive position within its industry.
Asianpaint Forming inverse H&S pattern Looking tgt 3300-3340-3400++ Very short term Keeping on radar Asianpaint 3300 CE
Asian Paints CMP 3238 Can enter above 3260 Correction seems to be over. HL formation on charts Can be a festival bet for targets 3400 Fundamentally good stock for portfolio holding for long term
This script is hovering around the value area, exiting enough to be added in the watch list for the study purposes.
Asian paints taking the support from 3160 levels... now the price is ready to breakout from the trendline...keep on bearish side until price breaks the trendline. on break of trendline and retest will be on bullish side. we have resistance at 3360 levels...
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...
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.
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. Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any queries. Disclaimer:- This is my view. Please...
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...
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...
looks like asian paint chart has just given breakout and 3400 looks like cake walk for stock.
Asian Paints touched swing high a few days ago. We should be able to make 3-4% on the downside in next one week