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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 2024-04-03 View latest technical analysis

10 day averaged volume of Asian Paints is 1129264

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	2869.35	2845.00	2884.55	2845.00	0.723 times
02 Tue Apr 2024	2874.20	2874.05	2892.40	2856.00	0.498 times
01 Mon Apr 2024	2871.00	2860.95	2886.45	2852.35	0.494 times
28 Thu Mar 2024	2846.75	2835.05	2868.00	2819.00	1.651 times
27 Wed Mar 2024	2830.50	2817.95	2842.85	2817.70	1.024 times
26 Tue Mar 2024	2814.65	2820.00	2844.15	2810.00	1.215 times
22 Fri Mar 2024	2841.50	2821.15	2855.15	2808.00	1.464 times
21 Thu Mar 2024	2821.15	2845.00	2845.40	2806.00	1.034 times
20 Wed Mar 2024	2824.90	2815.10	2837.05	2797.55	0.725 times
19 Tue Mar 2024	2815.10	2840.00	2840.00	2801.00	1.062 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 2872.9 as stoploss in an intra day sell trade for a target of 2848.93. However, stock will show a bullish move above 2872.9.

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2776.75
Upside Target	2892.40
Upside Target	2894.00
Upside Target	2899.90
Upside Target	2940.05
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	2845.43
Downside Intraday Target	2821.52
Upside Intraday Target	2892.83
Upside Intraday Target	2916.32
Downside Intraday Target	2868.92

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	2869.35	2860.95	2892.40	2845.00	0.441 times
28 Thu Mar 2024	2846.75	2820.00	2868.00	2810.00	0.76 times
22 Fri Mar 2024	2841.50	2866.00	2866.00	2797.55	1.106 times
15 Fri Mar 2024	2867.55	2895.55	2899.90	2835.00	1.046 times
07 Thu Mar 2024	2870.55	2860.00	2894.00	2777.75	0.469 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
03 Wed Apr 2024	2869.35	2860.95	2892.40	2845.00	0.09 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Asian Paints ( (ASIANPAINT) ) based on a short to mid 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Asian Paints in short term but SELL signal is weak.

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 2836.92 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 rising upwards.

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 is giving positive 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.