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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 2024-10-04 View latest technical analysis

10 day averaged volume of Asian Paints is 1085434

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	3072.50	3135.00	3156.75	3054.55	1.43 times
03 Thu Oct 2024	3149.30	3192.30	3225.90	3126.50	1.604 times
01 Tue Oct 2024	3277.35	3317.00	3328.95	3244.05	0.892 times
30 Mon Sep 2024	3329.10	3310.75	3358.00	3305.15	1.003 times
27 Fri Sep 2024	3310.75	3290.95	3337.95	3277.05	1.212 times
26 Thu Sep 2024	3277.05	3250.00	3285.85	3227.10	0.876 times
25 Wed Sep 2024	3244.75	3252.00	3252.00	3206.75	0.682 times
24 Tue Sep 2024	3248.40	3277.45	3297.75	3241.10	0.975 times
23 Mon Sep 2024	3277.45	3316.95	3324.90	3273.20	0.482 times
20 Fri Sep 2024	3306.95	3304.00	3324.80	3266.05	1.386 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 3131.6, for a target of 3214.4 or 3283.45

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2775.75
Downside Target	2842.00
Downside Target	2966.00
Downside Target	3027.30
Upside Target	3203.65
Upside Target	3285.90
Upside Target	3328.95
Upside Target	3337.95
Upside Target	3358.00
Upside Target	3393.00
Upside Target	3394.90

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Intraday Target	2965.37
Downside Intraday Target	2858.23
Upside Intraday Target	3268.82
Upside Intraday Target	3465.13
Upside Intraday Target	3161.68

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	3072.50	3310.75	3358.00	3054.55	1.166 times
27 Fri Sep 2024	3310.75	3316.95	3337.95	3206.75	1.023 times
20 Fri Sep 2024	3306.95	3360.00	3394.90	3251.55	0.603 times
13 Fri Sep 2024	3358.05	3273.70	3393.00	3258.00	1.023 times
06 Fri Sep 2024	3273.70	3148.00	3285.90	3139.60	1.641 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
04 Fri Oct 2024	3072.50	3317.00	3328.95	3054.55	0.171 times
30 Mon Sep 2024	3329.10	3148.00	3394.90	3139.60	1.075 times
30 Fri Aug 2024	3126.80	3088.00	3203.65	2966.00	0.597 times
31 Wed Jul 2024	3084.45	2889.30	3098.00	2842.00	1.55 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Asian Paints Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 3237.93 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.