thepranam

SWING IDEA - ASIANPAINT

Long
thepranam Updated   
NSE:ASIANPAINT   ASIAN PAINTS LTD
2807 Support level seems to be playing well since 3 years now.
MACD also making cross exactly at current support zone.
Stock currently looks good at this point.
Weekly closes above 2807 level should look for a move upward.
Comment:
Positive News:

Asian Paints Arm to Acquire Additional 24% Stake in SCIB Chemicals
Comment:
Stock gave another Fresh Entry at mentioned point.
Gave max of 4.5% profits so far. Setup is still in play. Let's keep it going.

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