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Arpit Goel

16th Sep · SEBI-Registered Analyst

ASIANPAINT
Price Technical Analysis

ASIANPAINT
is facing strong resistance near the ₹2,600 level, which earlier acted as a major support zone before the breakdown; the stock recently attempted a pullback but failed to sustain above this level, indicating supply pressure. Currently, it is trading around ₹2,500, showing signs of rejection from resistance with selling pressure visible in recent candles. Unless it decisively breaks and sustains above ₹2,600, the trend may remain weak to sideways, with possible retests toward ₹2,400–2,300 levels, while a breakout above ₹2,600 could open the path for further upside momentum.

#TechnicalViews
ASIANPAINT-EQ_2025-09-16_08-48-36.png
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