Sleeping Giant - ASIAN PAINTS - BUY Level

Asian Paints has been an excellent wealth accumulator. Currently in sideways since 2022. This is accumulation phase after a long up trend. Expectation is of continuation of up trend after this.

1. Support - 2700.
Resistance - 3500.

2. Trend -
a. Long term trend is UP.
b. Since 2022 it is in sideways consolidation.

3. Conclusion - After a good long up trend
accumulation is going on since last 2 years.

BUY around 2700.

First Target 3500.

Next Target - 4300.

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