🔍 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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Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.