Buy Asian Paints : Negative news done with ..
Asian paints is a stock if you consider the backtest data has rebounded sharply whenever it has went below its 90 days EMA and same has happened this time. Now the stock is trading at 3170 and one can expect a decent move of 200₹ to 3400 in 15 days. The allegations have been dealt with and the stock is poised to resume its journey ahead. Keep a Stoploss of 150 ₹ at 3020 closing basis .
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