this stock is a leader in chemical industryin last 3 month Asian paints down by 13.16%
and nifty down by 33.88%
ASIANPAINT trade ideas
Bearish Flag Pattern in ASIAN PAINTSBearish Flag Pattern in ASIAN PAINTS daily charts
Lets see if it the Flag breaks out and Continuation happens..If yes, then it may reach 1315.
Or Flag breach happened at 1600?
Asian Paints forcastPrice seems too high and the channel obeys it, As the price reached the above line it may go a little high above or equal to 1927.
It opened gap up today and made a high of 1915.
I am expecting it will come down to 1530 in the next quarter.
Drop in the oil prices will benefit the paint sector.
Key Raw material imports (Titanium dioxide) from China may affect the sector.
ASIANPAINT - Will we see a 30% fall in next 2 months?ASIANPAINT - Will we see a 30% fall in next 2 months?
Asian paint Long Asian Paints with Volume Break out Bullinsh Flag Pattern Long side Sl 1830 Tgt 1920
ASIANPAINT | Dynamic Resistance at 200D EMAThe daily trend of the stock bounced of 200D EMA quite a lot many times to make the dynamic resistance a lot stronger and is expected to maintain above the same resistance and bounce back and go long upon hitting the resistance again. But meanwhile the trend holds a strong resistance against 50D EMA.
Asian Paints - Detailed multi timeframe outlookMonthly -
Weekly
Daily -
Shared above
4 Hourly
Hourly
Gann Numbers for Asian Paints Gann Vibration Numbers
Asian Paints !
Sell in 1792 to 1794 with SL of 1812.1 for 1782, 1772
Buy in 1668 to 1670 with SL of 1657.9 for 1682, 1694
Cmp : 1743 on Dec 14 !
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