Big bullish movement in ASIAN PAINTS with opening up of economyIn this weekly time frame analysis, we can observe that Asian Paints is consolidating at the previous breakout zone in the form of a rectangle or a Darvas box. A strong RSI of 69 along with bullish harami candle in the weekly time frame shows strength of upcoming bullish momentum. A pure 10% upside is pending
Prediction:
Buy at CMP
SL at 2920
Target - 3400
