STBT call on Asian Paints: Mitesh Thacker

In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com, shared his views on Asian Paints.

What is your call on Asian Paints?

Asian Paints is 'sell' call. That is a stock which after 7 or 8 attempts finally has managed to start trading below 4470. So that is a negative setup. It was an STBT with a stop at about 4486 for a target of 4350 on the downside.