AsianpaintAsianpaint Chart Analysis........31/07/23
The Asianpaint range is 3350 to 3431. Now when the upper or lower closing of this range comes, then we can take long or short trade on that side.
Enjoy !
ASIANPAINT trade ideas
ASIANPAINTS--@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.
Asian Paints Asian Paints
Tested 3590 Resistance Multiple Times & Failed.
Has fallen 25%-28% from this Resistance level.
Vol. Too is going down.
OPEC+ keep Crude Oil Prices High.
Need to watch to take Position in this.
#ASIANPAINT - Long Opportunity#ASIANPAINT - Long Opportunity
ATH break out is expected in ASIANPAINT. Wait for candle close above ATH on day closing basis
ASIANPAINT 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 analyze the charts yourself and then decide to take any trades.
ASIANPAINTS H&S LOOKING BULLISHExpecting good move next trading session
Pattern also suggest go for long
Happy trade see yaa,,
ASIANPAINT--Trading in Resistance Zone??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...
Buying view Asian paints has create a new breakout and yet again it is going to breach its prvs breakout level stay tuned for more
ASIANPAINTS--Near Its Trendline??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 3175-3150 range and final support @3075-3050 range.
Asian Paints viewsAs disclosed in the chart drawing, I will be keen in observing the probable support zone on daily time frame.
Asian paint chart breakoutlooks like asian paint chart has just given breakout and 3400 looks like cake walk for stock.
ASIANPAINT- LONG - EDUCATION PURPOSEASIANPAINT- LONG - EDUCATION PURPOSE
#ASIANPAINT
Its forming base with cup pattern.
If it consolidate more at higher level we may get big breakout above 3150
Asian Paints touched swing high
Asian Paints touched swing high a few days ago. We should be able to make 3-4% on the downside in next one week
ASIAN PAINTS Make Cup and handle pattern in 4 hour time fram , price is at 52 week high 50 EMA cross 100 EMA from below that's bullish Sign so first Target will be 3534.80 and Stop loss will be 3031.80
This is for educational purpose not a trading advice so that's my view comment down your view 🤗
ASIAN PAINTS (D)- BREAKOUT STOCK- Price formed a Cup and Handle Pattern at 3130 level
- Breakout of C&H, following with pullback dry volume candles
#ASIANPAINTS #NIFTY50
Inverse head and shoulder pattern Breakout in Asian paint.Asian paint has given pattern on daily chart.
We can expect a big moves in Asian paint. One should hold Asian paint for a short term.
Falling Knife- Consolidation Series - Asian PaintsThis stock has fallen from the high of 3500 level to almost 2800 level & that is 20% fall in almost 6-7 months. Its trading in the range for last 2-3 months & it'll be interesting to see whether it breaks itself free for its old glory.
Check your own chart, this is only for educational purpose & Not a buy recommendation.
ASIANPAINT--3160 or 2920 Observations::
Trending upwards... facing resistance in the zone, 3120 if failed to break this level and falls below ,
trendline and 3080 level will go for selling up to 2960 and 2920 levels.
If price take the help of 3080 level and break 3120 level we go buying target of 3200 levels.
ASIANPAINT--Demand zone@3050 ??Observations::
---------->> The stock is trending upwards in daily time frame.
---------->> now facing resistance in the zone @3160 level, which is a previous resistance.
----------->> we have a demand zone placed @3050 level, which will act as a support again. Keep watch this level, if failed to act as support sell for the downside demand zone placed @ 2970 level.
----------->> Buy at 3050 level for the target of 3160 and 3240 levels. Keep your stop loss below the 3020 level.
the previous support @3050 again acts as a support.
-------------------------------------------------------------------------------------------------
In 15 min time frame the stock is coming to the downside with consolidation from resistance, which is clearly a sign of bullishness from demand zone.
ASIANPAINT short We are expecting that the price will continue going higher towards resistance.
Speculative short position set up:
entry: 3605.05
target:2880.45
stop loss: 3729.65
Book profit in sAian Paints
Its time to book profit in Asian Paints, it should consolidate or go down from here for a couple of weeks
ASIANPAINTS- Support becomes Resistance??Observations:
------->> Asianpaints is trending upwards strongly.
-------->> Previous Support at 3020-3030 level , If this level acts as resistance price may fall.
-------->> careful at this level before going long from here.
-------->> Recently price breaks an untested supply zone at 2950-2955 range, if this level acts as support and price breaks 3020-3030 range, price will reach next Resistance @3100-3145 range.
