As of 23 February ASIANPAINT closed at 3237. If you look at the chart the stock is trading above the TRENDLINE. There is small RESISTANCE area between the price of 3262-3282.If it consolidate between the TRENDLINE and the RESISTANCE area for next 2-3 days then after that it can give a UP side momentum.
NOTE-
ENTRY-3190-3264
STOPLOSS- 2980
1st TARGET- 3470 (8%)
2nd TARGET- 3800(16%)
DISCLAMIER-
THIS IS JUST FOR EDUCATIONAL PURPOSE,DO CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.
NOTE-
ENTRY-3190-3264
STOPLOSS- 2980
1st TARGET- 3470 (8%)
2nd TARGET- 3800(16%)
DISCLAMIER-
THIS IS JUST FOR EDUCATIONAL PURPOSE,DO CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.