A good buy for investors!

ASIAN PAINTS has retraced 50% from it's recent high of 3568. The RSI has also cooled off and the stock seems to be making a bottom now at 50% retracement/200 EMA.

This looks like a good RR set-up for investors - No Intraday here.

Buy above 3250 on day closing basis. Put SL below 3130 day closing basis.
One can hold this and trail till 3568 level.

Learn & Earn,

Dr. Tanya Kumar