Asian paint looking bullish ( if sustain the marked label
Elliott wave is forming in Asian paints, entry is at 2825, target is 2700 and stop loss will be 2880
This stock trades with good volumes on the bourses in the higher time frames. Similarly, it is in the oversold zones of oscillators in higher time frames. The 52W H/L being INR 3,568 / 2,694 It is consistently making Higher Highs and Higher Lows It is standing right at the support level of INR 2925 and we expect it to bounce back from this support to make a new...
The Samart money concept by LuxAlgo provides bluee area indicating support zone while the red area been the resistance zone. The Progressive Trend Tracker by KivancOzbilgic gives us a band on blue and red line which is a well modified version of bollinger bands. Price above blue line triggers the buy signal. We observe that the price is well above the blue line....
Now, it's time to add ASIAN Paint in the portfolio around 3100-3150. Once it breaks the 3575, It will blast and move towards 4000-4500
- one of the leader in sector - didnot perform in previous rally, expected to perform after election
Channel Pattern in to Small channel pattern at 3 years range support,.
Looking good for investment purposes 1. ROE, ROCE Above 25% 2. Approx Industry PE. 3. Below 10 years Median PE 60
NSE:ASIANPAINT Buy above 2870 sl 2685-2680 Rsi truning above 40 reversing from bottom 10 days MA showing buy Target - 3014/3132/3300
asian paints is currently available in a very good accumulation zone as we hit the bottom trendline expecting a 20% roi in next 3 to 6 months
The stock had been in consolidation for almost 3 years and now taking support at 200 WEMA . Also making double bottom breakout at 200 WEMA which will give the desires above mentioned targets as chemical sector has started to make run
NSE:ASIANPAINT Too much talk about Asian Paints? Retail investors aren't all fundamental analysts and only sometimes have the time. If you're screening and believe Asian Paints will withstand the competition, focus on that. Trust in the Indian growth story. Note: I'm not buying or planning to – my focus is on growth. But for super long-term investors, this...
Asian Paints at perfect entry - Channel Support RSI Divergence at lower time frame MA 50 Support
asian paints at longterm weekly trendline support and horizontal support cmp 2981 sl 2885 target 3101 and 3224
Asian paints can give a good up move with a decent stoploss and can become a good swing or positional trade with good targets ENTRY - 2830 STOPLOSS - 2800 TARGETS - 2880, 2940, 3000++ Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back I'm not sebi registered this is my personal...
Asian Paints has displayed a notable pattern on its weekly chart, characterized by a pole and flag formation. Although the price broke below the flag pattern, it failed to sustain significant follow-up selling pressure. Presently, the stock is traversing within the golden reversal zone (Fibonacci Retracement 113% - 127%), indicating a potential liquidity sweep...
Good to go long in Asian paints - looks like turnaround. Taken support at long standing demand zone. Upside move possible till highlighted supply zone. Disclaimer : I am not a registered SEBI analyst or researcher. These ideas are only for education. I am not responsible for anyone's losses or gains.
Asian Paints showing trend reversal, expecting targets of 3100, 3120,3160, 3200.