Asian paints reversal (hammer) from the support/demand zone. SL 2870 for cash..What's your view? @shivaji_1983 @moneyworks4u_fa @dtbhat #stockstowatch #stocks #Asianpaints
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I think Ultratech cement is worth tracking..Would be interesting if we get a hammer and this weeks closing above 5630..200wema + 61.8% fibo..@shivaji_1983 https://t.co/CtNCfQ6yXX
Cement companies are now is good buying zone for long term investors. Downside may not be more than 10-15% at max. Valuations extremely attractive.
— Sandeep Kulkarni (@moneyworks4u_fa) June 8, 2022
As far as I remember cement business has always been a cartel for atleast past 20 yrs.
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As rightly pointed out by experts, Asian Paints' dominance in the Paints Industry is unshakable. Even the entry of a formidable rival, the specter of a lock-down & alleged nose-bleed valuations of 88x has made no difference to the megabagger. The stock is up 83% on a YoY basis. https://t.co/OFnFAbnQGA
Asian Paints vs. Grasim: Paints is not a very easy industry at all. It is a low-capex consumer business. Asian Paints has built its business over last 35-40 years. The Birlas are not in any consumer businesses. So it is going to be tough for Grasim https://t.co/CqkmFnsaiT pic.twitter.com/iK8ZcvYxpJ
— RJ Stocks (@RakJhun) January 25, 2021