Asian Paints is a large cap stocks and a market leader in paint industry. It has been consolidating beautifully, and we can see it moving towards ATH. Other factors:
1. RSI is improving 2. Steady volumes showing consolidating in a range 3. High delivery ratio from quite some-time 4. TTM topline and profitability is second best as compared to prior years 5. DIIs have increased stake
"Cleaneasycharts"
Learning & Earning!!!
Cheers!!!
Trade active
Asian Paints is moving towards our target. It reached 3200, retraced to move upwards. Cheers!!
Trade active
Asian Paints - Steadily reached close to our first target. Cheers!!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.