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(ASIANPAINT) Asian Paints complete technical analysis [charts+indicators] | Buy/Sell Asian Paints | (ASIANPAINT) share price targets

Complete technical analysis of Asian Paints (ASIANPAINT) by charts plus indicators, forecast predictions and share price targets for Asian Paints (ASIANPAINT)

Asian Paints trades in NSE in Furniture-Furnishing-Paints sector.

10 day averaged volume of Asian Paints is 1079289

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	2874.90	2852.00	2877.95	2844.00	0.861 times
22 Mon Apr 2024	2841.85	2846.60	2846.60	2814.05	0.626 times
19 Fri Apr 2024	2808.55	2790.00	2822.10	2766.15	1.24 times
18 Thu Apr 2024	2807.70	2855.00	2859.20	2800.10	1.605 times
16 Tue Apr 2024	2830.00	2827.65	2841.45	2820.00	0.844 times
15 Mon Apr 2024	2844.40	2830.20	2853.50	2812.35	0.82 times
12 Fri Apr 2024	2854.50	2890.00	2893.00	2845.00	1.637 times
10 Wed Apr 2024	2896.75	2883.30	2899.10	2858.00	0.686 times
09 Tue Apr 2024	2857.15	2893.00	2916.45	2845.00	0.943 times
08 Mon Apr 2024	2892.00	2908.00	2908.95	2873.80	0.529 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2884 as stoploss in an intra day sell trade for a target of 2853.93. However, stock will show a bullish move above 2884.

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2766.15
Upside Target	2899.90
Upside Target	2916.45
Upside Target	2940.05
Upside Target	2943.25
Upside Target	3035.00
Upside Target	3140.25
Upside Target	3411.80
Upside Target	3422.95

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Intraday Target	2833.32
Downside Intraday Target	2791.73
Upside Intraday Target	2897.22
Upside Intraday Target	2919.53
Downside Intraday Target	2855.63

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	2874.90	2846.60	2877.95	2814.05	0.33 times
19 Fri Apr 2024	2808.55	2830.20	2859.20	2766.15	1.188 times
12 Fri Apr 2024	2854.50	2908.00	2916.45	2845.00	0.832 times
05 Fri Apr 2024	2883.45	2860.95	2943.25	2845.00	1.121 times
28 Thu Mar 2024	2846.75	2820.00	2868.00	2810.00	0.76 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 Asian Paints (ASIANPAINT)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	2874.90	2860.95	2943.25	2766.15	0.722 times
28 Thu Mar 2024	2846.75	2832.90	2899.90	2777.75	0.679 times
29 Thu Feb 2024	2821.90	2961.00	3035.00	2776.75	1.296 times
31 Wed Jan 2024	2957.85	3403.00	3411.80	2940.05	1.235 times

Scroll below to view daily charts

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

Indicators analysis of Asian Paints (ASIANPAINT)

Price action analysis of Asian Paints ( (ASIANPAINT) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Asian Paints ( (ASIANPAINT) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Asian Paints ( (ASIANPAINT) ) 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 Asian Paints ( (ASIANPAINT) ) 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 Asian Paints stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Asian Paints in short term but the buy signal is initial and weak.

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

Asian Paints Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Asian Paints in short term and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY zone

Stock of Asian Paints is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2844.28 and Asian Paints (ASIANPAINT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Asian Paints (ASIANPAINT) stock. Volume based technical analysis of Asian Paints (ASIANPAINT) stock is negative.

Asian Paints Stock has given negative returns over a short term period. Returns for a longer term period have been positive

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