sachinlefty

Asian Paints Positional Buy Idea

Long
NSE:ASIANPAINT   ASIAN PAINTS LTD
As per my analysis ASIANPAINT has been sustained above important resistance of 3197. It could be best positional buy entry at level of 3250 with stop loss of 3175 (-75 risk). My expected upside target would be 3315 (+65), 3380 (+130) & 3480 (+230).
This could be low risk and high reward idea.

Note: This is my personal analysis, only to learn stock market behavior. Thanks.

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