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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.

Showing technical analysis as on 2021-02-25 View latest technical analysis

10 day averaged volume of Asian Paints is 2272843

Date Daily Closing Price Open High Low Volume
25 Thu Feb 2021 2373.75 2375.00 2386.25 2336.20 1.249 times
24 Wed Feb 2021 2361.35 2373.00 2409.35 2347.20 0.752 times
23 Tue Feb 2021 2372.20 2375.00 2400.00 2315.00 1.438 times
22 Mon Feb 2021 2387.05 2428.75 2448.00 2380.00 0.881 times
19 Fri Feb 2021 2416.45 2470.90 2470.90 2400.00 0.988 times
18 Thu Feb 2021 2470.75 2424.00 2479.60 2395.25 1.872 times
17 Wed Feb 2021 2388.15 2436.00 2455.05 2382.00 1.399 times
16 Tue Feb 2021 2450.25 2472.00 2475.10 2422.00 0.711 times
15 Mon Feb 2021 2456.75 2495.00 2517.50 2448.55 0.719 times
12 Fri Feb 2021 2486.10 2518.00 2523.00 2464.20 0.605 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2385.1, but if it comes above 2385.1, then a intra day buy could be more profitable.
If you take a sell trade below 2385.1, then use 2385.1 as stoploss and 2328.1 as target. However if you take a buy trade in stock , then use 2385.1 as stoploss and 2432.68 as target.

Share price targets for Asian Paints (ASIANPAINT)

Target Type Value
Downside Target 1992.05
Downside Target 2117.15
Downside Target 2206.20
Downside Target 2315.00
Downside Target 2370.80
Upside Target 2448.00
Upside Target 2517.50
Upside Target 2520.00
Upside Target 2555.00
Upside Target 2631.50
Upside Target 2772.00
Upside Target 2873.45

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type Value
Downside Intraday Target 2309.83
Downside Intraday Target 2245.92
Upside Intraday Target 2442.83
Upside Intraday Target 2511.92
Upside Intraday Target 2378.92

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date Weekly Closing Price Open High Low Volume
25 Thu Feb 2021 2373.75 2428.75 2448.00 2315.00 0.759 times
19 Fri Feb 2021 2416.45 2495.00 2517.50 2382.00 0.713 times
12 Fri Feb 2021 2486.10 2394.00 2555.00 2373.40 1.327 times
05 Fri Feb 2021 2376.75 2426.60 2520.00 2370.80 1.137 times
29 Fri Jan 2021 2407.35 2612.85 2631.50 2400.00 0.708 times

Price has moved down 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
25 Thu Feb 2021 2373.75 2426.60 2555.00 2315.00 1.026 times
29 Fri Jan 2021 2407.35 2759.00 2873.45 2400.00 1.168 times
31 Thu Dec 2020 2764.50 2275.00 2772.00 2206.20 0.921 times
27 Fri Nov 2020 2215.30 2198.00 2249.00 2117.15 0.911 times

Scroll below to view daily charts

Price has moved down 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)

Indicator Name Indicator Value Indicator Signal
ADX 13, 27, 34 Sell
MACD -71, -60Sell
Stochastics 24Sell
CCI -97Sell
RSI 52Buy
OBV -510883Sell
VWAP 2414Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Asian Paints ( (ASIANPAINT) ) 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 Asian Paints ( (ASIANPAINT) ) 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Asian Paints in short term and the sell signal is strong.

Asian Paints 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 in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Asian Paints in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 2413.9 and Asian Paints (ASIANPAINT) 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 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 negative.

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

Click here for Asian Paints charts

Click here for further forecast and predictions for tomorrow

Daily charts

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