- ASIAN PAINTS has formed double bottom formation (bullish formation) charts indicates once stock come breaks its formation with volumes then further up trend is expecting.
- Daily chart also indicates stock is facing strong trend line resistance around 572.50, once starts trading above 572.50 with volumes and stays above then bulls to get active in Asian paints.
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- On upper side stock to face short term resistance around 605 as per fibonacci retracement.Close Watch.
Next Stock Update On 23rd June 2014, Monday At 3:15 pm.