Powered by: Motilal Oswal
2023-12-12 11:37:41 am | Source: Religare Broking Ltd
Stock of the day : Buy Asian Paints Ltd For Target Rs 95 - Religare Broking
Stock of the day : Buy Asian Paints Ltd For Target Rs 95 - Religare Broking

Asian Paints Ltd 

* AsianPaints gradually inching higher from last over a month with rising volumes.

* It has given a breakout from falling resistance trendline with strong noticeable volumes.

* Stock has registered a breakout from brief consolidation holding above its short term moving average i.e. 20 EMA.

* We thus recommend creating longs through the Call option.

Buy 3300 CE Asian Paints Ltd  CMP 45.05; Range 44-46; SL 20; Target 95

 

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ000174330

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here