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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 2024-12-06 View latest technical analysis

10 day averaged volume of Asian Paints is 1667247

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	2429.70	2468.00	2468.00	2427.00	1.041 times
05 Thu Dec 2024	2452.20	2465.00	2466.90	2423.90	1.914 times
04 Wed Dec 2024	2459.45	2478.90	2479.10	2453.20	0.603 times
03 Tue Dec 2024	2469.40	2494.00	2494.00	2463.50	0.807 times
02 Mon Dec 2024	2479.05	2479.60	2486.00	2461.35	0.549 times
29 Fri Nov 2024	2479.60	2458.05	2491.50	2455.05	0.618 times
28 Thu Nov 2024	2458.05	2500.00	2506.00	2453.30	0.903 times
27 Wed Nov 2024	2491.90	2517.50	2517.65	2480.00	0.519 times
26 Tue Nov 2024	2505.00	2459.90	2518.00	2457.60	0.691 times
25 Mon Nov 2024	2459.70	2505.00	2507.95	2450.05	1.114 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 2403.5 as stoploss in an intra day buy trade for a target of 2506.79. However, stock will show a bearish move below 2403.5.

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2422.95
Upside Target	2598.75
Upside Target	2762.40
Upside Target	2919.00
Upside Target	2962.15
Upside Target	2965.75
Upside Target	2966.00
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	2404.4
Downside Intraday Target	2379.1
Upside Intraday Target	2474.5
Upside Intraday Target	2519.3
Upside Intraday Target	2449.2

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	2429.70	2479.60	2494.00	2423.90	1.278 times
29 Fri Nov 2024	2479.60	2505.00	2518.00	2450.05	0.907 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

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
06 Fri Dec 2024	2429.70	2479.60	2494.00	2423.90	0.228 times
29 Fri Nov 2024	2479.60	2958.00	2965.75	2422.95	1.781 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

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 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 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 LOWS in short term which reflects strong selling momentum. 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 negative zone. This is the SELL 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 2463.3 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.