News > Asian Paints shares: Purchase Asian Paints, goal value Rs 3850: Prabhudas Lilladher

Asian Paints shares: Purchase Asian Paints, goal value Rs 3850: Prabhudas Lilladher

Prabhudas Lilladher has buy call on Asian Paints NSE -1.09 % with a target price of Rs 3850. The current market price of Asian Paints is Rs 3163.55. On the daily chart, an ascending channel pattern is visible with support taken near the 3100 zone and has immense upside potential of 3550 levels and further 3850 levels. The brokerage recommends that one can pick this stock for a short-term time frame of 2-3 months.