Point To Remember
-200 DMA Support.
-Price is at low of Wedge Formation.
Everything is pretty much explained in the picture itself.
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Chart is self explanatory. Please follow the price action & take the trade as per your appetite.
The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other...
Asian paints Long. Looks like it has bottomed out near 2707. That is a very good support area for long term. If it breaks below that then it will be bearish for a while. Lets see how it goes from now.
ASIANPAINTS::
This stock is trading in a channel
price is now at trendline,
previously multiple times taken the support from trendline...
keep in long side as long as price is above the trendline...
A strong demand Zone is observed at 2800 levels.
now price is in consolidation to bullishness is observed...chance of reversal from topside to test this demand zone...
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#ASIANPAINT Looks for a huge panic of 10-15%; It gives a bullish pattern on 1HR-4HR; however use the raise to sell the rally. We see huge panic in couple of months.
Sell & Hold patiently.
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Asian paints price moving in triangle pattern so price came down and took support from bottom trade line so TGT will be upper trend line
only for educational purpose
The stock looks good for long.
Its target I have shown in the picture. Thank You.
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This analysis is purely for EDUCATIONAL purpose
GOOD TIME TO BUY
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Can Enter at 2910
Targets - 3600,4000+
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we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
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Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels...
#Asian Paint | #Elliott #Wave #Analysis | where is support?
Hey guys please find the #analysis of the #asian #paints ltd.
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Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels...
