ASIANPAINT trade ideas
Asiant Paint in Pullback Mode.Daily Time frame : Red Zone is Supply Zone & Green Zone is Demand Zone.
Daily Time Frame it is now in PULL BACK MODE.
Channel Lines are drawn : Will also act as Support & Resistance.
In 60 min (1hour) Right now stock is at Demand Zone and already has reacted to move up, and hasbroke Trend line in 60 min.
For Swing First Target could be 2145 & then Extend till 2440.
ASIAN PAINT LONG - SWING (1 hour candles)This analysis once again is based on simple break and retest of a resistance zone.
we see a strong resistance zone @2000 and once it broke we see it acting as support area and price makes a successful bounce from this area.
Once we see a bullish candle closing above 2050 we can go long.
Entry - 2050
SL - 2015
Target 1 - 2100
Target 2- 2120
Target 3 - 2130
Risk:Reward - 1:2
Date- 17-09-2020, Asian Paint BUY - 2006, SL 1997, Target- 2034Educational Post
Date- 17-09-2020,
Asian Paint
BUY - 2006,
SL 1997,
Target- 2034
Buy Asian Paint Setup - 2.7% gain (September 2020)Buy Asian Paint Setup - 2.7% gain (September 2020)
Asian Paints Bullish Target minimum 7% ReturnBreakout and retesting its Support levels
Looking good Bullish
Can be Bought at CMP
Target minimum 7-8%
Stop loss 1840 levels on Closing basis
ASIAN PAINT : 08 SEP 20 :THE TRIANGLE PATTERN
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Short Asian paints Short Asian paints around the upper trendline for the best risk reward. This is for only big capital people as it might need immense patience to roll over and wait for it to happen. Personally I would short it around 2000 for a target of 1700-1500
Disclaimer
Do your own analysis before deciding
Asian Paint Analysis for 2nd sept 2020So it's very interesting to see this chart further now. If market opens flat and move sideways on current level then are high chances of huge Breakout .
But if it shows some negative sentiments at opening then there is probability of sharp fall.
Let the market open and take position accordingly.
Asian Paints | BUYStock marked its new lifetime high of ₹2,016.85 last week. Now, the price action is sort of a potential bull-flag pattern and importantly, the monthly chart shows a solid breakout. Coming week, the stock is likely to make higher highs.
AsianpaintCurrently near all time high , if able to sustain close above 1834.90 in next few Weeks , can see movement upto 1918++.
Short - 2-3 months NSE:ASIANPAINT
Bearish Deep Crab under formation in ASIANPAINT in Daily.Hello,
Bearish Deep Crab under formation in ASIANPAINT in Daily time frame.
Noted: This chart is only for study and reference purpose only.
