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Asian Paints Swing Trade Call – Buy for Target ₹2565–₹2595

Asian Paints Swing Trade Call – Buy for Target ₹2565–₹2595

Stock Name: Asian Paints Ltd.
Current Price: ₹2511.60
Recommendation: BUY
Stop Loss: ₹2475
Target: ₹2565 – ₹2595
Trade Type: Swing Trade


📊 Technical Overview

Asian Paints Ltd. has shown a strong recovery from recent support levels near ₹2470, confirming fresh buying momentum on the daily charts. The stock is trading above its 20-day moving average, which signals a bullish trend continuation in the short term.

Momentum indicators like RSI and MACD are also showing positive crossovers, supporting further upside potential. If the stock sustains above ₹2500, it could easily move toward the next resistance zone between ₹2565 and ₹2595.

🧠 Trade Strategy

Traders can initiate a BUY position around ₹2510–₹2520 with a stop loss at ₹2475 to manage risk.
The upside target range is ₹2565–₹2595, making it a favorable risk–reward setup for swing traders.

The overall sentiment in the FMCG and paint sector remains positive, driven by festive demand, lower input costs, and steady urban consumption. Asian Paints, being a market leader, is expected to continue its outperformance in the near term.

⚠️ Disclaimer

The above recommendation is based on technical analysis and is meant for educational purposes only. Stock market investments are subject to market risks.
Please consult your financial advisor before making any trading or investment decisions.
The author or website shall not be held liable for any loss incurred from following this information.

Stay tuned for more daily stock recommendations, technical insights, and swing trade ideas!

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