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Technicals + Fundamentals matching perfectly
ASIAN PAINTS LTD
Long
Technicals + Fundamentals matching perfectly
By Teerath482
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Updated
Feb 21
1
5
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1
Feb 16
Why go long?
Rebound from support @ 2950
The bull run is ON, with good opportunities wiping out quickly, as the markets become overvalued.
Available at a sustainable valuation, with technical analysis indicating to go long.
Minimal downside, next support @ 2720
Good management
Worst case targets:
Short term target (1-2 quarter) @ 3500
Long term target (3-5 years) @ 8000
Feb 21
Note
Forgot to mention: This is only for educational purpose, this is not a stock recommendation. I'm not SEBI registered. Invest at your own risk.
Beyond Technical Analysis
Teerath482
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