THE SHARE PRICE OF ASIAN PAINTS GOT A SUPPORT AT 1340. (JUNE 25TH POST SEE).
AS A FRESH SIGNAL IN HOUR CHART IS GENERATED, THE SHARE PRICE SEEMS TO CONTINUE THE DOWNTREND TO 1337 AND MAY BE UP TO 1303.
WAIT FOR CLEAR SIGNALS FOR GOING LONG. AT PRESENT THERE IS NONE.
Bullish Gartley pattern on 4H Chart of ASIAN PAINTS. BUY 1330-1331, SL 1314.9, Target(s) - 1346, 1352.
I don't prefer Gartley pattern too much, so my Target(s) & SL may be a hit/miss for this one. Let's see how this one turns out.
Asian Paints Limited is a paint company. The Company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home decor, bath fittings and providing of related services. The Company's business segments are Paints and Home Improvement. The Home Improvement segment includes its bath fittings business. Its geographical segments are Domestic and International operations. The Domestic segment includes operations of the Company and its Indian subsidiaries, and joint ventures. It manufactures a range of paints for decorative and industrial use. Its products include special effects, plain finishes and distempers for interior walls; textures finishes, plain finishes and design for exteriors for exterior walls; wall papers; wood finishes; metal finishes; water proofing solutions; adhesives, and painting tools and implements. It operates in over 20 countries and has over 30 manufacturing facilities, servicing consumers in over 65 countries.
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ASIANPAINT
