Asian Paints is breaking down from Support after 25May2022. Earlier it use to be Resistance as well so it holds more bias. So good stock for shorting, Possible targets on downside will be 2277 around levels.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
I think 2600 is good level to enter. what are your views on that
ShelendrAgrawal
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@wininfinity_, Well, in my opinion i will sell on rise untill it gives siganl of highr high higher low. for long term good buy zone would be 2250-2300.
deepakbhatia1985
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yes please enlighten us more on the same..
ShelendrAgrawal
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@deepakbhatia1985, Well seeing market conditions i will watch for 2250-2300 levels now and see how price behaves on those levels.