Teerath482

Technicals + Fundamentals matching perfectly

Long
Teerath482 Updated   
NSE:ASIANPAINT   ASIAN PAINTS LTD
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
Comment:
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.
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