USOIL - MONTHLY TIME FRAMEHi there,
#USOIL
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
Asianpaints
Asian Paint Flag BreakoutAsian Paint is Uptrending stock and outperforming nifty 50 index.
Today's price action show power of bulls in asian paint as entire index was falling but asian paint made a breakout.
Asian paint is good buy with 1st target of Rs 3622 based on size of flag.
Traders are requested to do their own analysis and post it in comment section.
asian paints ltdshare name : asian paints ltd
call type : shorting opportunity
- share is forming a downfall range
- 3016 is a good supply zone because we can see
a head and shoulder on daily time frame,
which is acting as a trend reversal
- 2599 is acting as a good demand zone
- we can sell this share around 3016 levels for
2599, if 2599 getting break we can see 2260
levels in upcoming months
- i am creating a imaginary picture for this share
thanks
ASIAN PAINT for long Term Investment. 𝙰𝚂𝙸𝙰𝙽 𝙿𝙰𝙸𝙽𝚃 𝙸𝚂 𝙾𝙽 𝚅𝙴𝚁𝚈 𝙶𝙾𝙾𝙳 𝙿𝙾𝚂𝙸𝚃𝙸𝙾𝙽. 𝙸𝚃𝚂 𝙰 𝙰𝚁𝚃𝚁𝙰𝙲𝚃𝙸𝚅𝙴 𝚃𝙸𝙼𝙴 𝚃𝙾 𝙱𝚄𝚈 𝚃𝙷𝙸𝚂 𝚂𝙷𝙰𝚁𝙴.
𝙱𝚄𝚈 𝙰𝙱𝙾𝚅𝙴 @ 3045/- 𝚕𝚎𝚟𝚎𝚕.. 𝚄𝚙𝚝𝚘 3165/- 𝚕𝚎𝚟𝚎𝚕 𝚒𝚜 𝚋𝚞𝚢𝚒𝚗𝚐 𝚣𝚘𝚗𝚎.
The stock stand on support level.. And there are several Support from this level.
* This is only my study. Please consultant with your financial advisor to Investment.
Asian paint looking good for shortingafter consistent up rally stock should take a pause between 3000 to 3200, I don't think stock could go up from here because its already been stretch a lot its been five days stock is going up And now fed report came and its slightly negative so my view is downward for some days until its beaks 3200 because here resistance on weekly chart I know crude prices are falling but that not how market should work right, commodities are different its take time commodities supply and demand gap can not fill in just week it takes time that is reason why prefer selling position in intraday btst for monday . FOR swing traders its great opportunity to add if its retrace to 200 ema and got support at 3000 u can add some qt to your account for long term the long term view of this stock is bullish as per its fundamental and past history chart analysis i think its better to avoid building new bullish position unless its retrace a little bit thank you
Asian paint buy and hold Asian paints chart
The stock is supporting the lower channel from long time.
Few days back the stock traded below the channel but we have seen a sharp bounce next day.
Today again the stock open gap down due to global sell off.
As long as today low holds we can see 327, 3340, 3480 level.