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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 2024-11-27 View latest technical analysis

10 day averaged volume of Asian Paints is 2539172

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	2491.90	2517.50	2517.65	2480.00	0.341 times
26 Tue Nov 2024	2505.00	2459.90	2518.00	2457.60	0.454 times
25 Mon Nov 2024	2459.70	2505.00	2507.95	2450.05	0.731 times
22 Fri Nov 2024	2472.20	2430.00	2493.95	2422.95	1.499 times
21 Thu Nov 2024	2428.15	2454.70	2465.95	2425.00	0.543 times
19 Tue Nov 2024	2483.70	2488.00	2503.20	2472.35	0.371 times
18 Mon Nov 2024	2483.70	2520.00	2520.00	2470.80	0.372 times
14 Thu Nov 2024	2483.15	2482.80	2501.75	2466.20	0.475 times
13 Wed Nov 2024	2470.50	2470.00	2498.00	2451.10	0.71 times
12 Tue Nov 2024	2474.85	2535.00	2535.00	2470.00	1.357 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2455.5 as stoploss in an intra day buy trade for a target of 2673.66. However, stock will show a bearish move below 2455.5.

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2422.95
Upside Target	2518.00
Upside Target	2598.75
Upside Target	2762.40
Upside Target	2842.00
Upside Target	2919.00
Upside Target	2966.00
Upside Target	3028.00
Upside Target	3098.00
Upside Target	3139.60
Upside Target	3203.65
Upside Target	3328.95
Upside Target	3394.90

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Intraday Target	2455.3
Downside Intraday Target	2418.7
Upside Intraday Target	2523.25
Upside Intraday Target	2554.6
Downside Intraday Target	2486.65

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	2491.90	2505.00	2518.00	2450.05	0.548 times
22 Fri Nov 2024	2472.20	2520.00	2520.00	2422.95	0.462 times
14 Thu Nov 2024	2483.15	2565.05	2598.75	2451.10	2.165 times
08 Fri Nov 2024	2769.45	2962.15	2962.15	2762.40	2.3 times
01 Fri Nov 2024	2939.85	2987.90	3028.00	2919.00	0.856 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
27 Wed Nov 2024	2491.90	2958.00	2965.75	2422.95	1.655 times
31 Thu Oct 2024	2935.65	3317.00	3328.95	2919.00	0.812 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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.

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. Bears are weakening, and bulls are picking up momentum!

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

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 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 2472.88 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 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.