Stock of the day : Buy Asian Paints Ltd For Target Rs 95 - Religare Broking
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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
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