ASIANPAINTS - The stock has been moving sideways in a wide range from last eight months. Now recovering form a sharp drop is making HL and HH. Now negotiating the previous Rejection zone. Once above 3295 will seek 3590. Up trend will happens only if 3590 is taken out.

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#ASIANPAINT Shared monthly chart for reference 👇
~ Gave sell call near 3300
~ Good to add at below levels
2580 /2200 https://t.co/lRdCEfw7WD
~ 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