Stock Update - ASIAN PAINTS cmp 2862 ( Neutral to Downgrade)
Stock nearing 52 week low & Trading at 33 months low.
As per technicals over monthly chart, expecting further correction of 8% - 12%
Accumulation Zone 2502 - 2555
Daily Support 2730 - 2810 & Daily Resistance 3000 - 3335
Long term holders can add on dips in ratio of 30%, 10%, 25%
Stock nearing 52 week low & Trading at 33 months low.
As per technicals over monthly chart, expecting further correction of 8% - 12%
Accumulation Zone 2502 - 2555
Daily Support 2730 - 2810 & Daily Resistance 3000 - 3335
Long term holders can add on dips in ratio of 30%, 10%, 25%
Comment:
ASIAN PAINTS cmp 2805 Down by 2%
Comment:
from 2862 to 2805