Asian Paints Ltd

Is chart mein hum Asian Paints Ltd ke 15-minute interval ka stock price movement dekh rahe hain. Yahan kuch important points hain jo highlight kiye gaye hain:

  1. Support Level:
    • Green line support level ko indicate karti hai. Ye woh level hai jahan pehle bhi stock price ne bottom banaya tha aur wapas upar gaya tha. Ye ek important level hota hai jahan buyers wapas active ho sakte hain.
  2. Long-Legged Doji:
    • Ye ek candlestick pattern hai jo dikhata hai ki opening aur closing price almost same hain, lekin high aur low prices kaafi door hain. Iska matlab ye hai ki market mein significant indecision hai. Buyers aur sellers dono active hain, lekin price ko kisi ek direction mein push nahi kar pa rahe.

Is chart ke right side mein hum ek trading setup dekh rahe hain jahan ek potential buy signal ho sakta hai agar price support level se upar jata hai. Buy setup mein:

  • Entry point (green box) support level ke thoda upar hota hai.
  • Stop loss (red box) support level ke neeche hota hai.
  • Target (upper boundary of the green box) potential profit area ko indicate karta hai.

Yadi stock price support level se rebound karti hai aur upar jati hai, toh buy signal confirm ho sakta hai. Lekin agar price support level ke neeche jati hai, toh stop loss hit ho sakta hai aur loss minimize karne ke liye position close ki jati hai.