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Lovelesh Sharma

7th Aug · SEBI-Registered Analyst

ASIANPAINT
- Flattening Moving Averages

ASIANPAINT
remains above its 20-DMA and 50-DMA, keeping the broader trend positive. The flattening 20-DMA suggests momentum is slowing, increasing the probability of short-term consolidation. Support: 2,756 (20-DMA) and 2,724 (50-DMA). Resistance: 2,800–2,850; holding above the moving averages keeps the overall structure constructive.

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Screenshot 2026-08-07 222115.png
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