Asian Paints is a large cap stocks and a market leader in paint industry. It has been consolidating beautifully, and we can see it moving towards ATH. Other factors:
1. RSI is improving
2. Steady volumes showing consolidating in a range
3. High delivery ratio from quite some-time
4. TTM topline and profitability is second best as compared to prior years
5. DIIs have increased stake
"Cleaneasycharts"
Learning & Earning!!!
Cheers!!!