Asian Paints Ltd.
Panjang

Breakout Imminent: Asian paint Stock Poised for Bullish Reversal

460
Key Levels to Watch
Horizontal Resistance, Downward Resistance Trend Line: breached
technical Analysis
this share has been trading within a descending channel formation for the past three months. However, recent price action suggests a potential bullish reversal is underway. Moreover, the stock is currently approaching the upper bound of the descending channel, represented by a downward resistance trend line . A decisive breakout above this trend line would confirm the bullish reversal and open up further upside potential.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.