ASIANPAINT trade ideas
ASIAN PAINT 1D TFAsian Paints is currently in a perfect zone. A directional move is expected from this point.
Upside level:- 3420
Downside level:- 3100
Keeping SL of only around 50-60 points, a 1:2 move is easily expected on each of the sides.
Trade safe. Manage risk. Be profitable.
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Disclaimer:- This is my view. Please analyze the charts yourself and then decide to take any trades.
#AsianPaintsWith a depreciating rupee signs along with recovering european economies and stable oil prices. Asian paint is all set to go for a new bull run.
Company has regularly shown a rising FCF irrespective of the macro economical conditions.
Asian Paints is trading near supports of the long term trend channel. Upside targets above 9500 by Jan 2025.
P.S: These are only my personal views and are for only information sharing. These are not any buy or sell tips. Please consult your SEBI registered financial advisor before making any trade or any investment in the stock market as stock market is subject to market risk.
Asian Paints is in Green ColorThere is a breakout of triangle on weekly time frame. I understand it will reach to 4000/- in next 3 Months
Note: It is not at all the buying and selling recommendation and this stock is in my portfolio and there is a high probability that my analysis is biased and could be possible my analysis will go wrong.
Asian Paints High Reward IdeaAs 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 and very high reward idea.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
ASIANPAINTS Stock Clearly show sideways in higher time frame.
Result impact today stock down almost -3%
Very weak chart setup
Go for short trade
Macd Bearish crossover
RSI Bearish signal
Price below all Moving averages
Disclaimer This is my personal view for education purpose only
No Buy sell recommendations.
ASIANPAINTS - Trending down. Good Risk Reward for shorts.Asian Paints seems to be repeating prior behavior. Shorting 3150 looks promising.
Short at 3150
TP1 - 3000
TP2 - 2900
SL - 3250.
Disclaimer - I am not a financial advisor. Just learning, experimenting and sharing my prediction. Take trades at your own risk.
ASIANPAINT--Long on Trendline Break and Retest??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 typically prevents the asset from rising higher.
If price breaks the resistance, we have a chance of filling the bearish gap, soo keep in buyside until it touches the zone of resistance and bearish gap.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
Asian Paints - Bearish OutlookAsian 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!