ASIANPAINT 1D Time frame

🔍 Current Status

The stock is trading around ₹2,490 – ₹2,500

Recent price action has been somewhat mixed — not a strong trend, some resistance in higher zones.

🧮 Trade Strategy Ideas

Long Setup:

If price holds above ~₹2,460 and shows reversal candlestick or volume strength.

Target resistance around ₹2,505-₹2,528.

Stop-loss could be placed just below ₹2,440 or so (to protect against breakdowns).

Short / Pullback Setup:

If price gets rejected near resistance around ₹2,505-₹2,528 and bearish candlestick forms.

Potential downside toward ~₹2,460 first, then further to ~₹2,420.

Breakout Setup:

If price breaks above ~₹2,528 with good volume, could aim for ~₹2,546 or higher.

Must confirm with strength / follow-through.

✅ Summary: Asian Paints is in a consolidation / neutral phase. Key to watch is how it reacts around the resistance zone ~₹2,505-₹2,528. Holding above support ~₹2,460 is important. A clear breakout gives upside, else downside risk remains.