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Bear spread strategy on Asian Paints by Nandish Shah of HDFC Securities

The stock price has broken down on the daily chart with higher volumes where it closed at the lowest level since 03 November

Topics
Asian Paints | HDFC Securities | Markets

Nandish Shah  |  Mumbai 

Asian Paints: Volumes driven by strong distribution; low-end products
Oscillators like RSI and MFI are showing weakness in the stock.

Buy Asian Paint 2160 Put at Rs 35 & simultaneously sell 2100 Put at Rs 14

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First Published: Fri, November 20 2020. 08:05 IST
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