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MTECHTIPS:-    ASIANPAINT:-            ASIANPAINT is in SELL position Share is moving sideways so short term investor better to buy only above 1490.6 with stop at 1421.35 The ASIANPAINT is now trading in highly oversold level. The oscillator is showing BUY signal .The short term sell signal is supported by 50 % indicators.
Intraday trend-Buy is advised above 1471.2 with a stop at 1408.3 Below 1389.3 go for sell The intraday signal is SELL and it is supported by 63 % indicators.