Asian paints stock in uptrend since may after consolidation for more than a year...it breakout at 900-920 levels and rallied till 1227 thats a 35-36% run...
Stock just landed at 50 SMA on daily charts, looking overextended in short term can see reaction below the support zone of trendline ans 50 SMA...
Closing above 1190-95 is positive for stock...