Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ANDHRAPAP) Andhra Paper complete technical analysis [charts+indicators] | Buy/Sell Andhra Paper | (ANDHRAPAP) share price targets

Complete technical analysis of Andhra Paper (ANDHRAPAP) by charts plus indicators, forecast predictions and share price targets for Andhra Paper (ANDHRAPAP)

Showing technical analysis as on 2024-09-24 View latest technical analysis

10 day averaged volume of Andhra Paper is 532639

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	104.65	105.80	106.90	104.30	0.347 times
23 Mon Sep 2024	105.70	104.10	106.45	104.10	0.447 times
20 Fri Sep 2024	103.85	104.60	106.50	103.25	0.539 times
19 Thu Sep 2024	103.85	108.65	108.85	102.55	0.865 times
18 Wed Sep 2024	107.25	108.30	108.60	106.30	0.394 times
17 Tue Sep 2024	107.50	107.50	108.00	105.10	0.635 times
16 Mon Sep 2024	106.95	106.75	107.50	105.60	0.473 times
13 Fri Sep 2024	105.90	108.80	111.25	104.60	2.139 times
12 Thu Sep 2024	108.90	110.75	110.75	107.05	1.345 times
11 Wed Sep 2024	110.40	118.40	118.40	109.60	2.213 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 106.4, but if it comes above 106.4, then a intra day buy could be more profitable.
If you take a sell trade below 106.4, then use 106.4 as stoploss and -171 as target. However if you take a buy trade in stock , then use 106.4 as stoploss and 337.63 as target.

Share price targets for Andhra Paper (ANDHRAPAP)

Target Type	Value
Downside Target	102.55
Upside Target	106.90
Upside Target	465.05
Upside Target	497.00
Upside Target	515.05
Upside Target	544.10
Upside Target	578.40
Upside Target	581.55
Upside Target	582.00
Upside Target	582.35
Upside Target	591.80
Upside Target	640.00

Intraday share price targets for Andhra Paper (ANDHRAPAP)

Target Type	Value
Downside Intraday Target	103.53
Downside Intraday Target	102.42
Upside Intraday Target	106.33
Upside Intraday Target	108.02
Upside Intraday Target	105.22

Weekly technical analysis of Andhra Paper (ANDHRAPAP)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	104.65	104.10	106.90	104.10	0.273 times
20 Fri Sep 2024	103.85	106.75	108.85	102.55	0.417 times
13 Fri Sep 2024	105.90	569.00	591.80	104.60	8.93 times
06 Fri Sep 2024	564.45	566.20	581.55	558.10	1.116 times
30 Fri Aug 2024	565.40	569.00	582.00	561.10	0.392 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Andhra Paper (ANDHRAPAP)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	104.65	566.20	591.80	102.55	2.378 times
30 Fri Aug 2024	565.40	580.00	582.35	515.05	0.539 times
31 Wed Jul 2024	575.40	569.90	640.00	553.35	1.415 times
28 Fri Jun 2024	567.75	504.00	578.40	465.05	1.702 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Andhra Paper (ANDHRAPAP)

Price action analysis of Andhra Paper ( (ANDHRAPAP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Andhra Paper ( (ANDHRAPAP) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Andhra Paper ( (ANDHRAPAP) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Andhra Paper stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Andhra Paper in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Andhra Paper Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Andhra Paper in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Andhra Paper is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 107.25 and Andhra Paper (ANDHRAPAP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Andhra Paper (ANDHRAPAP) stock. Volume based technical analysis of Andhra Paper (ANDHRAPAP) stock is negative.

Andhra Paper Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.