Buy Asian Paints on declines: Sandeep Wagle

In a chat with ET Now, Sandeep Wagle, Founder & MD of APTART Technical Advisory Services, shares his ciews on Asian Paints. Excerpt:

What is the call on Asian Paints and Berger Paints?

Pattern wise, I would go with Asian Paints. At 3400 level, it's very clear breakout. So any declines to 35-35.50 range, Rs 200 below, I am very comfortable and my target is around 4100-4150. This is a 3 to 6-month time horizon so the stocks normally have to be bought with that viewpoint and I maintain that even in this kind of a market.