ASAHISONG

Asahi Songwon Colors Ltd.

Dyes & Pigments

Strong momentum structure

Early Trend
Stage 2 VCP active Vol compression Handle

Setup readiness

Early Trend

Pivot Levels
₹260.8-276.3
Support Level
₹256.5
Resistance
₹329.9
Risk Distance
7.2% to stop

Reference levels for educational study only. Not a recommendation to buy or sell.

RS
45.0
ADX
25.0
Vol
32.0

Swing Edge Intelligence

Structured setup analysis · research only

Setup status · Strong technical characteristics

Trend, relative strength and base characteristics align with higher-scoring names in the scan.

Relative strength Weak
Breakout readiness Low
Accumulation Constructive

Bullish factors

  • MACD below zero — weak trend (−2).
  • Price remains materially below prior highs.
  • Relative strength remains low versus the broader market.
  • 1 prior pivot rejection in last 60d (-8 pts).
  • 3 closes within 0.5% — extraordinary tightness, last coil.
  • 5 closes within 1.2% — tight band forming.
  • ATR 3.9%/day — healthy volatility (+4).
  • ATR shrinking 4 consecutive weeks — coil tightening precisely.
  • OBV divergence — price flat, volume rising: hidden strength.
  • Price holding above POC — bullish volume profile.
  • Volume flow indicates accumulation.

Risk factors

  • Low average daily value (₹0.3 Cr/day)
  • 5 distribution days observed recently
  • Price advancing while OBV shows divergence

Overall view

Momentum metrics are generally positive, but several risk factors are also present.

Size this trade

Setup research

ASAHISONG — trend, RS & risk snapshot (not a trade recommendation)

Signal · context · invalidation · risk · skip reasons — research only

Positives

Price is 7% below the pivot

  • Volume contracting into the base
  • Handle formation detected after prior advance
  • Stage 2 uptrend structure detected

Flagged yesterday

Context & regime

  • Market regime Mixed / range-bound
  • Trend stage Stage 2 — tradable
  • Sector Lagging (#37/46) — headwind
  • Relative strength Lagging (RS 45)
  • Trend strength Building (ADX 25)

Negatives

This idea is wrong below ₹256.5 (-0.2% away)

Base / stop support breaks — the swing thesis is wrong below here

  • Stop / base low₹256.5
  • Pivot — failure re-entry below₹274.9

Risk distance

7.2% to stop
1.9× ATR
2.7× R:R
19.4% reward

Risk ≈ ₹19.79/share from entry ₹276.3.

Reasons to skip 3

Disqualifiers that apply even if the score looks good.

  • Low average daily value (₹0.3 Cr/day)
  • 5 distribution days observed recently
  • Price advancing while OBV shows divergence
Setup metrics Latest scan

ASAHISONG Technical Analysis & Swing Setup

Grouped structure, momentum and risk from the latest research scan.

Volume Profile bearish

POC
₹250.3
VAH
₹262.15
VAL
₹235.73
Vol above POC
42.7%

Institutional Activity · Moderate Accumulation

Avg cost basis
₹237.42
Acc zone
₹181.0–268.0
Accumulation sessions
5
CMF
-0.04

Structure

Trend / stage
Stage 2 (Early)
Stage 2
Weekly trend
Above 30-wk MA (flat)
Above 30W
RS rank
45.0
Weakening
ADX
25.0
Building

Momentum

RSI
53.0
Neutral
Recent move (10d / 20d)
+1.7% / +1.3%
Neutral
Volume quality
32.0
Thin
Relative strength
Lagging
Neutral

Risk

Failure risk
50.0
Moderate
ATR % / day
3.9%
Healthy
Distribution
5 day(s)
Accumulation
Volatility
8 VCP
Contracting
More scanner fields
Sector RS 0.0%
Base 16w · 34.6%
VCP waves 8x
Vol dry-up Yes
Avg value ₹0.3 Cr
Failure flags Distribution cluster, RS laggard, Thin liquidity

ASAHISONG Support & Resistance Levels

AI insights

AI Insights

Generated with AI

These insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.

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Pattern context 52w · setup · flow

52-week range

Stage-2 ideal band  ·  Early recovery

Pattern highlights

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Pattern signals from the latest scan

Smart money flow

Last 60 sessions · accumulation vs distribution

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Session flow 60 trading days
OBV trend On-balance volume · same window
·
Accumulation Distribution Neutral
Setup intelligence Overhead · VCP · radar · risk

Overhead supply

Resistance ceiling above current price

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Chase / failure risk

Honest read on exhaustion & extended moves

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Base / VCP coil

Depth, contractions & pivot distance

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Setup quality radar

Shape of the setup in one view

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Peer comparison Sector peers

Sector Peer Comparison

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ASAHISONG FAQ Common swing-trading questions

Frequently asked questions about ASAHISONG

What are the screener observations for ASAHISONG?

On Swing Edge's swing-setup framework, Asahi Songwon Colors Ltd. (ASAHISONG) currently grades C — mixed — needs patience. Price is 7% below the pivot. Flagged yesterday. This is educational research, not investment advice.

What are ASAHISONG's support and resistance levels?

For ASAHISONG, near-term support sits around ₹256.5 (the base/stop zone); overhead resistance is around ₹274.9 (the breakout pivot); the next resistance above is ₹329.9. This is educational research, not investment advice.

What is the breakout / pivot level for ASAHISONG?

The breakout pivot for ASAHISONG is around ₹274.9. Price is about 6.9% below the pivot and still building toward it. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.

Is ASAHISONG above its 50-day and 200-day moving averages?

Yes — ASAHISONG is in a confirmed Stage 2 uptrend, trading above its rising 50- and 200-day moving averages, the zone where swing setups tend to work best. This is educational research, not investment advice.

How strong is ASAHISONG versus the market (RS rank)?

ASAHISONG has a relative strength (RS) rank of 45 out of 100 versus the NSE universe, making it lagging the broader market on relative strength. Trend strength (ADX) reads 25, indicating a building trend. This is educational research, not investment advice.

Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.

Prices and day-change figures use the last daily close from scan data dated 2026-06-28 — not live intraday NSE quotes.