Kansai Nerolac Paints (KANSAINER) is manufacturing Paints & mainly work for Industrial Coatings. Company is subsidiary of Kansai Paints Japan. Company did some expansion in Bangladesh, Nepal & Srilanka in 19-20. Company is almost debt free & give healthy dividend payout every year.
In terms of technical, at Daily chart frame there is a Wedge chart pattern formation since Jan 2021 & it is trying to give breakout since then. Expecting a breakout & stock will move to a good level.
So, You can take Target & SL as per trend analysis which we suggest/teach during our Beginner Module Course. Happy Earning!
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