ASIANPAINT trade ideas
ASIAN PAINT for long Term Investment. ๐ฐ๐๐ธ๐ฐ๐ฝ ๐ฟ๐ฐ๐ธ๐ฝ๐ ๐ธ๐ ๐พ๐ฝ ๐
๐ด๐๐ ๐ถ๐พ๐พ๐ณ ๐ฟ๐พ๐๐ธ๐๐ธ๐พ๐ฝ. ๐ธ๐๐ ๐ฐ ๐ฐ๐๐๐๐ฐ๐ฒ๐๐ธ๐
๐ด ๐๐ธ๐ผ๐ด ๐๐พ ๐ฑ๐๐ ๐๐ท๐ธ๐ ๐๐ท๐ฐ๐๐ด.
๐ฑ๐๐ ๐ฐ๐ฑ๐พ๐
๐ด @ 3045/- ๐๐๐๐๐.. ๐๐๐๐ 3165/- ๐๐๐๐๐ ๐๐ ๐๐๐ข๐๐๐ ๐ฃ๐๐๐.
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.
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The technical analysis provided on the chart is solely the personal views of my research.
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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