ASIANPAINT trade ideas
ASIANPAINTS - RSI divergenceASIANPAINTS showing negative divergence on Weekly charts indicating weakness for short term.
ROC is clearly showing this divergence.
Increasing Oil prices and a Weakening Rupee are putting pressure on paint company margins for short term duration.
Be careful if holding long positions
LONG ASIAN PAINTS ASIAN PAINTS
Buy above 3000
Wait for 4H OR Daily closing
Easily 15% to 16%
MUST BUY ABOVE 3000
Will update accordingly !!
ASIANPAINT ASIANPAINT looking strong on chart. Its gave breakout once its retest the breakout or consolidated above the breakout level its should be buying candidate.
Asian paints symmetrical triangle breakoutAsian paints symmetrical triangle breakout in 4hr timeframe
Rsi around 66
Can have good move from here
add in your watchlist
EDUCATIONAL PURPOSE
Asian paints parallel channel breakout, Levels mentioned on chart,
(Heikin ashi candle bullish )
New to this, appreciate feedback
ASAINAPINT BuyASAINAPINT Buy for day trading if stock break the all-time high then we will enter in trade....
ASIAN PAINTS LTD - ASIANPAINT(NSE) | BULLISH RECTANGLEAsian Paints Ltd - ASIANPAINT(NSE) has been forming a Bullish Rectangle since May 2020. A bounce back from the support line(red) could be an excellent Swing Trading Trading opportunity. Also, a long candle cutting the resistance line(green) can be a buying signal too.
Buy Asianpaints Target 🎯 3750Buy Asianpaints Target 🎯 3750 because it's recently given major breakout
Asian paintsStock: Asian Paints.
Entry: Need more confirmation
Analysis: Though this stock has given a breakout The volumes are below average. once I see a spike in volumes I will look at this. There is no doubt that volumes are increasing. but need a pullback for entry
ASIAN PAINT - Bullish Price Action Analysis As Crude price going down , NSE:ASIANPAINT creates opportunity for upside with target 3438 and 3598 as T1 and T2 respectively.
BUY : Although traders can buy if the price comes at 3200-3150 level and respects it then it will create further
momentum for upside with great volume and SL would be in the rage of 3040-3045.
SELL : Sell opportunity only creates when price test at the level of 3400-3350 and won't sustain then with help of
small risk you can make a good reward.
NOTE : Remember as long as it above 3000 it is bullish after crossing below of 3000 the trend of downside will continue .
ASIANPAINTS BuyASIANPAINTS Buy for day trading if stock break the channel then we will enter in trade......
Asian paints Waiting for correctionAsian Paints Waiting for a correction till 2980
Hope we Can take position at 2980 range with
a stop loss below 2850 for an awesome target
in short period. NSE:ASIANPAINT
Long Asian Paint on closing above 3394Can Long Asian paints for new ATH.
Do your own research before #investing. For education purpose only
Asianpaint - 5o with Gartley and SharkAsianpaint has shark on 3hour and gartely on daily timeframe. Perfect 5-o Pattern . Looks like forming future BAT.3178 would be 5o Target.
ASIANPAINT SellASIAN PAINT Sell for day trading if stock break the support with big volume then we will enter in trade.
Asian Paints Next rally Towards 3570This is the Double Bottom study and it will goto rock after it Break it's top.Happy Trading Goodluck
