ASIAN PAINTS has retraced 50% from it's recent high of 3568. The RSI has also cooled off and the stock seems to be making a bottom now at 50% retracement/200 EMA.
This looks like a good RR set-up for investors - No Intraday here.
Buy above 3250 on day closing basis. Put SL below 3130 day closing basis. One can hold this and trail till 3568 level.
All Ideas posted by me are for Educational Purpose.
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