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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.

10 day averaged volume of Asian Paints is 1200127

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 2856.65 2835.05 2868.00 2819.00 1.553 times
27 Wed Mar 2024 2830.50 2817.95 2842.85 2817.70 0.963 times
26 Tue Mar 2024 2814.65 2820.00 2844.15 2810.00 1.144 times
22 Fri Mar 2024 2841.50 2821.15 2855.15 2808.00 1.377 times
21 Thu Mar 2024 2821.15 2845.00 2845.40 2806.00 0.973 times
20 Wed Mar 2024 2824.90 2815.10 2837.05 2797.55 0.682 times
19 Tue Mar 2024 2815.10 2840.00 2840.00 2801.00 0.999 times
18 Mon Mar 2024 2846.50 2866.00 2866.00 2817.25 0.784 times
15 Fri Mar 2024 2867.55 2895.00 2896.95 2850.00 1.13 times
14 Thu Mar 2024 2892.25 2860.00 2898.05 2841.00 1.151 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2866.8 as stoploss in an intra day sell trade for a target of 2843.87. However, stock will show a bullish move above 2866.8.

Share price targets for Asian Paints (ASIANPAINT)

Target Type Value
Downside Target 2776.75
Upside Target 2899.90
Upside Target 2930.00
Upside Target 2940.05
Upside Target 3035.00
Upside Target 3140.25
Upside Target 3228.25
Upside Target 3411.80
Upside Target 3422.95

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type Value
Downside Intraday Target 2821.77
Downside Intraday Target 2786.88
Upside Intraday Target 2879.77
Upside Intraday Target 2902.88
Downside Intraday Target 2844.88

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 2856.65 2820.00 2868.00 2810.00 0.76 times
22 Fri Mar 2024 2841.50 2866.00 2866.00 2797.55 1.106 times
15 Fri Mar 2024 2867.55 2895.55 2899.90 2835.00 1.046 times
07 Thu Mar 2024 2870.55 2860.00 2894.00 2777.75 0.469 times
02 Sat Mar 2024 2849.80 2920.00 2930.00 2776.75 1.642 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
28 Thu Mar 2024 2856.65 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
29 Fri Dec 2023 3402.40 3146.95 3422.95 3140.25 1.296 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak 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 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 in or above the red 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 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 2843.03 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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Asian Paints ( (ASIANPAINT) ) based on a short 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak 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 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 in or above the red 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 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 2843.03 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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Asian Paints charts

Click here for further forecast and predictions for tomorrow

Daily charts

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