FILE PHOTO: Asian Paints emblem is seen on this illustration taken Could 12, 2025. REUTERS/Dado Ruvic/Illustration/File Photograph
| Photograph Credit score:
Dado Ruvic
The short-term outlook is bullish for Asian Paints. The inventory has risen over 2 per cent on Monday and has begun the week on a optimistic observe. This rise ends the one-month slim consolidation round ₹2,800. The area between ₹2,830 and ₹2,770 will probably be an excellent help for the inventory now. It could possibly restrict the draw back if there’s an intermediate dip from present ranges. Asian Paints share value can rise to ₹3,150 within the coming weeks. Merchants should buy Asian Paints shares now at ₹2,896. Accumulate on dips at ₹2,840. Preserve the stop-loss at ₹2,720 initially. Path the stop-loss as much as ₹2,920 as quickly because the inventory goes as much as ₹2,960. Revise the stop-loss greater to ₹2,980 and ₹3,060 when the share value touches ₹3,030 and ₹3,110 respectively. Exit the lengthy positions at ₹3,140.
(Observe: The suggestions are primarily based on technical evaluation. There’s danger of loss in buying and selling.)
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