ASIANPAINT

STOCK PRICE WATCH OUT FOR THE BREAKOUT

After a sudden rise in the stock price of

Price has started consolidating and formed an important support and resistance level of 2385 and 2490, respectively The investors should watch out for it and wait for its price breakout In the current situation, there may be two chances First one, if the price gave its closing above the resistance level of 2490, we would be bullish in it And may set the target of points between the support and the resistance level that is (2490-2385=105) But if I stock price gives its closing below the support level of 2385, then The stock price may move towards the 50 exponential moving average, which is currently at 2320