#ASIANPAINTS We all know about this stock but is it really worth to add at CMP?
Reasons are 👇
~Monthly RSI is too high .So we may see breakdown in next few months
~Continuous profit booking at top level.Hence we're near to top in long term chart
Hope it helps u to understand😊
More from Pranay Prasun
Rounding Bottom pattern 🧐 https://t.co/EONRI5MOSZ
#Maithanalloys
— Pranay Prasun (@PranayPrasun) May 3, 2021
Highlighted this gem on 21st March at 560 level for big target.\U0001f918
Added to my portfolio after breakout (660 level)
Go through below thread for more details \U0001f447 https://t.co/IPRYa7pLlV
Time to pause ?
Even chart says the samething https://t.co/1OJTjqp0ay
Are we ready for BOOM BOOM in auto sector ?\U0001f9d0#CNXAUTO
— Pranay Prasun (@PranayPrasun) April 2, 2022
~ Weekly ratio chart against #NIFTY indicates bottom and going forward it may outperform \U0001f91e
~ Don't expect quick returns as its weekly chart pic.twitter.com/cUaugZBerL
~ Gave sell call near 3300
~ Good to add at below levels
2580 /2200 https://t.co/lRdCEfw7WD
#ASIANPAINTS We all know about this stock but is it really worth to add at CMP?
— Pranay Prasun (@PranayPrasun) February 19, 2022
Reasons are \U0001f447
~Monthly RSI is too high .So we may see breakdown in next few months
~Continuous profit booking at top level.Hence we're near to top in long term chart
Hope it helps u to understand\U0001f60a pic.twitter.com/3ltwZMs3d8
More from Asianpaints
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
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