Asian Paints break outAsian paints has already crossed triangle pattern breakout but wait for it to retrace to 1791 and then buy... if it crosses 1818 then retrace will not happen so buy above it and it will fly more than pre covid levels... Asian paints is the best stock to hold for 2 or 3 months... even if you had loss just hold it atleast a year
ASIANPAINT trade ideas
Asian paints Hello!! Asian paints a very famous company in India is in an uptrend now but since it just broke out today and given a really big move, therefore, I'm thinking that it will now retrace a bit maybe 50-80 pt.s if it didn't break the resistance that hard red line. let's see what will happen in the next market day. #learner #my_view
ASIANPAINTSNSE:ASIANPAINT
KEEP AN EYE ON TRENDLINE, IT MIGHT BLAST ON EITHER SIDE
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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Long Call Asian Paint - Operator moveHello Friends,
The best operator move found on the Asian paint chart. The way Chart formed by the operator i am very confident that next week this stock will give good move. Below are my observation :-
1. Operator initiate good buying at the start of the week.
2. Stock holds the level of 1670. 1680 level which created the support zone.
3. All the selling getting absorb at the same level.
4. at 1hr chart seen the huge buying which gave the confidence to initiate the trade in same.
5. 50, 200 EMA cross over at support zone.
Entry 1690 -1700, SL 50-60 points Target 1800
Regards,
Satish