ASIANPAINT trade ideas
ASIAN PAINTSA breakout with good volume from a symmetric triangle and also from a rising wedge. Breakout from the rising wedge from the bottom of the wedge in one candle is a positive sign but a small pull back is expected which is where one can accumulate. I suspect it to correct to near 1760.
I also a expect a Golden Crossover soon which will help this stock run upside.
Asian paintsHello!! Asian paints is quite a good and famous name in the paint sector in India and it is quite bullish for the long term and for now I think target could be 1860 if it broke the resistance and then that resistance is quite strong can take reverse from there or maybe breaks and sustain above it so trade only after confirmation. and if somehow it took reversal from here then lower levels can be seen. #MY_VIEW #LEARNER
asina paints given breakout lets see tomorrow how it will goAsian paints given breakout lets see tomorrow how it will go
Asian Paint Support at TrendlineLooks Bullish close above 1806 can easily reach to 1860 levels
Taking support and retesting the breakout levels
Stop loss of 1720 the low of large green candle
Asian Paints break outAsian 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 Asian Paint Bull pattern observed... #asianpaints
#asianpaintanalysis
#asianpaintpositionallevels
Asian paints 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
SET UP IN ASIAN PAINTSr1- resistance 1
r2- resistance 2
t1- target 1
t2- target 2
only for educational purpose.
ASIANPAINTSNSE:ASIANPAINT
KEEP AN EYE ON TRENDLINE, IT MIGHT BLAST ON EITHER SIDE
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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SHORT ASIAN PAINTS CE 1800 - Sideways to downtrendSHORT ASIAN PAINTS CE 1800 @ 31/32
Qty 2 lots
TRGT - 50% reduction in premium
SL - 1832
