Tuesday, October 20, 2020

ASIANPAINT | Fresh Upside Breakout | Share Price Outlook

 

Asian Paint ( ASIANPAINT )

Stock/Share Price: 2118

Asian Paints Ltd manufactures paints in the category of Decorative, Automotive and Industrial segment. Apart from these the company also manufactures various Accessories like, Wall Primer, Wood Primer, Putty and Strainers etc.


Technical Chart 

asianpaint , finvestonline.com

Price Outlook

AsianPaint stock was trading in a sideways zone . Today stock has given a breakout with good volume in upside direction .

 So long position can be made in the stock for the immediate levels of 2160 , 2180 in upside .

Valuations

asianpaint , finvestonline.com

Asian Paint has is a large cap company having market cap of near 2.04 Lakhs crore , trading at the PE of 91  and Book Value of 98.55

Thanks for your Precious Time.


Finvest Online
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Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.


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