🔍 Current Status
The stock is trading around ₹2,490 – ₹2,500
Recent price action has been somewhat mixed — not a strong trend, some resistance in higher zones.
🧮 Trade Strategy Ideas
Long Setup:
If price holds above ~₹2,460 and shows reversal candlestick or volume strength.
Target resistance around ₹2,505-₹2,528.
Stop-loss could be placed just below ₹2,440 or so (to protect against breakdowns).
Short / Pullback Setup:
If price gets rejected near resistance around ₹2,505-₹2,528 and bearish candlestick forms.
Potential downside toward ~₹2,460 first, then further to ~₹2,420.
Breakout Setup:
If price breaks above ~₹2,528 with good volume, could aim for ~₹2,546 or higher.
Must confirm with strength / follow-through.
✅ Summary: Asian Paints is in a consolidation / neutral phase. Key to watch is how it reacts around the resistance zone ~₹2,505-₹2,528. Holding above support ~₹2,460 is important. A clear breakout gives upside, else downside risk remains.
The stock is trading around ₹2,490 – ₹2,500
Recent price action has been somewhat mixed — not a strong trend, some resistance in higher zones.
🧮 Trade Strategy Ideas
Long Setup:
If price holds above ~₹2,460 and shows reversal candlestick or volume strength.
Target resistance around ₹2,505-₹2,528.
Stop-loss could be placed just below ₹2,440 or so (to protect against breakdowns).
Short / Pullback Setup:
If price gets rejected near resistance around ₹2,505-₹2,528 and bearish candlestick forms.
Potential downside toward ~₹2,460 first, then further to ~₹2,420.
Breakout Setup:
If price breaks above ~₹2,528 with good volume, could aim for ~₹2,546 or higher.
Must confirm with strength / follow-through.
✅ Summary: Asian Paints is in a consolidation / neutral phase. Key to watch is how it reacts around the resistance zone ~₹2,505-₹2,528. Holding above support ~₹2,460 is important. A clear breakout gives upside, else downside risk remains.
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.