Asian Paints is approaching an important ₹2,250–₹2,300

Asian Paints is approaching an important ₹2,250–₹2,300 demand zone. According to the Supply-Demand concept, demand zones are those price areas where buying interest was strong enough in the past to stop the decline and trigger a meaningful upward move. In this chart, ₹2,250–₹2,300 is important because prices previously accumulated around this area before a strong recovery toward ₹2,700–₹2,800. If the stock revisits this zone and buyers again become active, it can act as a potential reversal/support area. On the other hand, a decisive closing below ₹2,250 would weaken the demand-zone setup and indicate that sellers are gaining ***** is attached for your reference so that you can go through it.