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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 2024-08-20 View latest technical analysis

10 day averaged volume of Asian Paints is 1150841

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	3103.20	3096.00	3106.35	3078.00	0.581 times
19 Mon Aug 2024	3076.30	3053.95	3087.85	3038.35	0.472 times
16 Fri Aug 2024	3048.15	3054.00	3054.00	3003.00	0.447 times
14 Wed Aug 2024	3025.85	3034.80	3034.80	2994.05	0.395 times
13 Tue Aug 2024	3023.55	3054.90	3059.80	3013.00	0.436 times
12 Mon Aug 2024	3053.20	3020.00	3084.00	3003.70	1.509 times
09 Fri Aug 2024	3040.60	3039.00	3052.75	2966.00	1.447 times
08 Thu Aug 2024	3005.40	3080.00	3089.70	2990.40	1.112 times
07 Wed Aug 2024	3101.45	3101.75	3118.50	3060.05	1.657 times
06 Tue Aug 2024	3101.75	3101.70	3135.00	3086.05	0.77 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3099.1, but if it comes below 3099.1, then a intra day sell could be more profitable.
If you take a sell trade below 3099.1, then use 3099.1 as stoploss and 3029.23 as target. However if you take a buy trade in stock , then use 3099.1 as stoploss and 3183 as target.

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2670.10
Downside Target	2766.15
Downside Target	2842.00
Downside Target	3027.30
Downside Target	3038.35
Downside Target	3084.00
Downside Target	3098.00
Upside Target	3106.35
Upside Target	3129.05
Upside Target	3145.00

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Intraday Target	3058.92
Downside Intraday Target	3014.63
Upside Intraday Target	3126.92
Upside Intraday Target	3150.63
Downside Intraday Target	3082.63

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	3103.20	3053.95	3106.35	3038.35	0.378 times
16 Fri Aug 2024	3048.15	3020.00	3084.00	2994.05	0.414 times
09 Fri Aug 2024	3040.60	3069.95	3145.00	2966.00	0.81 times
02 Fri Aug 2024	3106.70	2953.05	3129.05	2936.00	1.26 times
26 Fri Jul 2024	2950.15	2937.00	2973.35	2885.25	0.63 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
20 Tue Aug 2024	3103.20	3088.00	3145.00	2966.00	0.392 times
31 Wed Jul 2024	3084.45	2889.30	3098.00	2842.00	1.55 times
28 Fri Jun 2024	2917.05	2950.00	3027.30	2775.75	0.772 times
31 Fri May 2024	2881.20	2875.10	2997.00	2670.10	1.596 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Asian Paints ( (ASIANPAINT) ) based on a short to mid 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 mid to longer 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.

ADX buy sell signal for Asian Paints stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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

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 3059.98 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 is giving positive 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.