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

(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 2024-04-15 View latest technical analysis

10 day averaged volume of Asian Paints is 1088405

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	2844.40	2830.20	2853.50	2812.35	0.813 times
12 Fri Apr 2024	2854.50	2890.00	2893.00	2845.00	1.623 times
10 Wed Apr 2024	2896.75	2883.30	2899.10	2858.00	0.68 times
09 Tue Apr 2024	2857.15	2893.00	2916.45	2845.00	0.935 times
08 Mon Apr 2024	2892.00	2908.00	2908.95	2873.80	0.524 times
05 Fri Apr 2024	2883.45	2924.00	2927.75	2880.00	1.062 times
04 Thu Apr 2024	2918.30	2870.00	2943.25	2851.25	1.683 times
03 Wed Apr 2024	2869.35	2845.00	2884.55	2845.00	0.75 times
02 Tue Apr 2024	2874.20	2874.05	2892.40	2856.00	0.517 times
01 Mon Apr 2024	2871.00	2860.95	2886.45	2852.35	0.513 times

My analysis of stock is bearish for shortterm, and stock might move down till 2829.4 or till 2795.1. Use a stoploss of 2858.1 and if the stock hits stoploss, then it can shoot up till 2886.76

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2776.75
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	2820
Downside Intraday Target	2795.6
Upside Intraday Target	2861.15
Upside Intraday Target	2877.9
Downside Intraday Target	2836.75

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	2844.40	2830.20	2853.50	2812.35	0.216 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
22 Fri Mar 2024	2841.50	2866.00	2866.00	2797.55	1.106 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
15 Mon Apr 2024	2844.40	2860.95	2943.25	2812.35	0.462 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 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)

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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

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 getting stronger in this stock.

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 Asian Paints 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2877.64 and Asian Paints (ASIANPAINT) stock is trading below this level. This means that stock is falling with high volumes. 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 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.