Asian paints breakout

Dec 17, 2023

Asian Paints, the stock is moving in an up-sloping channel on the daily chart. Stock is now very well placed about all its short-term, long-term moving averages. Almost four-five days consolidation breakout is already there on the chart. Long built-up is there on derivative data. So that Asian Paints can continue furthermore upside towards the 3400-3440 kind of level.