Stock near ATH. All the paint stocks are touching ATH too. Go long with a stop of 2300.
Refer channel and previous idea for clarity
Rally Expected in Akzo Nobel India for 2200 Levels by 08-10 Dec, Cup formation Started. RSI getting Strong and MACD give clear cross signal.
I am buying AkzoIndia @2020 SL 1992 target 2150-2200 for ST.
Market Cap: 9,360 Cr. Price to book value: 7.56 Debt to equity: 0.05 Pledged percentage: 0.00 % Interest Coverage Ratio: 22.80 OPM: 11.96 % COMPANY FUNDAMENTAL IS GOOD AND CURRENT CHART LOOKING ATTRACTIVE IN SHORT TERM AS WELL FOR MID TERM STOCK HAVE POTENTIAL FOR GOOD RETURN.
what do u say?? Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
AKZOINDIA will break the trend line or back to demand zone ? If broken the trend line and go long, long entry - 1824 target - 1854 Stop loss - 1804
AKZOINDIA is trading at a confluence of a trend line and 89ema support level, is bullish stock, expect to move upwards.