Asian Paints has been an excellent wealth accumulator. Currently in sideways since 2022. This is accumulation phase after a long up trend. Expectation is of continuation of up trend after this.
1. Support - 2700.
Resistance - 3500.
2. Trend -
a. Long term trend is UP.
b. Since 2022 it is in sideways consolidation.
3. Conclusion - After a good long up trend
accumulation is going on since last 2 years.
BUY around 2700.
First Target 3500.
Next Target - 4300.
If you find above information useful please do share, give a boost, thanks.
1. Support - 2700.
Resistance - 3500.
2. Trend -
a. Long term trend is UP.
b. Since 2022 it is in sideways consolidation.
3. Conclusion - After a good long up trend
accumulation is going on since last 2 years.
BUY around 2700.
First Target 3500.
Next Target - 4300.
If you find above information useful please do share, give a boost, thanks.
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