ASIANPAINTS Analysis

Asian Paints is currently at a critical level and could either break down or soar from here. It is currently at its Monthly Demand zone, which coincides with the monthly trendline support. The entry point is 2264, with a stop loss (SL) at 2092. The first target is 2685, and the second target is 3407. With a good risk-reward ratio, this trade is worth considering to go LONG.