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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 2412166

Date Daily Closing Price Open High Low Volume
01 Mon Mar 2021 2362.30 2300.00 2369.90 2300.00 1.055 times
25 Thu Feb 2021 2373.75 2375.00 2386.25 2336.20 1.177 times
24 Wed Feb 2021 2361.35 2373.00 2409.35 2347.20 0.708 times
23 Tue Feb 2021 2372.20 2375.00 2400.00 2315.00 1.354 times
22 Mon Feb 2021 2387.05 2428.75 2448.00 2380.00 0.83 times
19 Fri Feb 2021 2416.45 2470.90 2470.90 2400.00 0.931 times
18 Thu Feb 2021 2470.75 2424.00 2479.60 2395.25 1.763 times
17 Wed Feb 2021 2388.15 2436.00 2455.05 2382.00 1.318 times
16 Tue Feb 2021 2450.25 2472.00 2475.10 2422.00 0.67 times
15 Mon Feb 2021 2456.75 2495.00 2517.50 2448.55 0.678 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2380.7, but if it comes above 2380.7, then a intra day buy could be more profitable.
If you take a sell trade below 2380.7, then use 2380.7 as stoploss and 2321.1 as target. However if you take a buy trade in stock , then use 2380.7 as stoploss and 2430.43 as target.

Share price targets for Asian Paints (ASIANPAINT)

Target Type Value
Downside Target 2117.15
Downside Target 2206.20
Downside Target 2300.00
Upside Target 2369.90
Upside Target 2400.00
Upside Target 2448.00
Upside Target 2517.50
Upside Target 2520.00
Upside Target 2555.00
Upside Target 2772.00
Upside Target 2873.45

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type Value
Downside Intraday Target 2318.23
Downside Intraday Target 2274.17
Upside Intraday Target 2388.13
Upside Intraday Target 2413.97
Downside Intraday Target 2344.07

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date Weekly Closing Price Open High Low Volume
01 Mon Mar 2021 2362.30 2300.00 2369.90 2300.00 0.259 times
25 Thu Feb 2021 2373.75 2428.75 2448.00 2315.00 0.759 times
19 Fri Feb 2021 2416.45 2495.00 2517.50 2382.00 0.713 times
12 Fri Feb 2021 2486.10 2394.00 2555.00 2373.40 1.327 times
05 Fri Feb 2021 2376.75 2426.60 2520.00 2370.80 1.137 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
01 Mon Mar 2021 2362.30 2300.00 2369.90 2300.00 0.047 times
25 Thu Feb 2021 2373.75 2426.60 2555.00 2315.00 1.026 times
29 Fri Jan 2021 2407.35 2759.00 2873.45 2400.00 1.168 times
31 Thu Dec 2020 2764.50 2275.00 2772.00 2206.20 0.921 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 12, 29, 42 Sell
MACD -73, -63Sell
Stochastics 26Sell
CCI -115Sell
RSI 54Buy
OBV -6092146Sell
VWAP 2405Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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 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 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.

Asian Paints Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

CCI has generated a SELL signal for Asian Paints in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 2404.78 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.

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