This stock trades with good volumes on the bourses in the higher time frames.
Similarly, it is in the oversold zones of oscillators in higher time frames.
The 52W H/L being INR 3,568 / 2,694
It is consistently making Higher Highs and Higher Lows
It is standing right at the support level of INR 2925 and we expect it to bounce back from this support to make a new...
The stock had been in consolidation for almost 3 years and now taking support at 200 WEMA . Also making double bottom breakout at 200 WEMA which will give the desires above mentioned targets as chemical sector has started to make run
NSE:ASIANPAINT
Too much talk about Asian Paints? Retail investors aren't all fundamental analysts and only sometimes have the time.
If you're screening and believe Asian Paints will withstand the competition, focus on that. Trust in the Indian growth story.
Note: I'm not buying or planning to – my focus is on growth. But for super long-term investors, this...
Asian Paints LTD Monthly chart forming Ascending Triangle Pattern break trendline be careful it will go down & touch 2749.65 might be & it will 1Target
ASIANPAINTS::
This stock is trading in a channel
price is now at trendline,
previously multiple times taken the support from trendline...
keep in long side as long as price is above the trendline...
A strong demand Zone is observed at 2800 levels.
now price is in consolidation to bullishness is observed...chance of reversal from topside to test this demand zone...
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.
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.
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...
