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(ANDHRAPAP) Andhra Paper complete technical analysis [charts+indicators] | Buy/Sell Andhra Paper | (ANDHRAPAP) share price targets

Complete technical analysis of Andhra Paper (ANDHRAPAP) by charts plus indicators, forecast predictions and share price targets for Andhra Paper (ANDHRAPAP)

Showing technical analysis as on 2024-02-19 View latest technical analysis

10 day averaged volume of Andhra Paper is 464918

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	533.50	533.00	542.80	530.05	0.215 times
16 Fri Feb 2024	532.75	535.00	538.70	530.00	0.326 times
15 Thu Feb 2024	531.60	519.25	538.60	519.25	0.332 times
14 Wed Feb 2024	519.70	504.15	527.10	503.85	0.212 times
13 Tue Feb 2024	507.45	510.00	523.45	499.55	0.6 times
12 Mon Feb 2024	519.50	530.75	542.00	513.00	0.551 times
09 Fri Feb 2024	525.15	614.95	614.95	500.00	4.982 times
08 Thu Feb 2024	531.25	548.45	548.45	528.90	0.376 times
07 Wed Feb 2024	542.05	555.10	557.00	541.00	0.322 times
06 Tue Feb 2024	551.10	537.65	553.00	536.55	0.386 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 523.5 as stoploss in an intra day buy trade for a target of 565.03. However, stock will show a bearish move below 523.5.

Share price targets for Andhra Paper (ANDHRAPAP)

Target Type	Value
Downside Target	499.55
Downside Target	530.05
Upside Target	558.05
Upside Target	577.05
Upside Target	583.00
Upside Target	614.95
Upside Target	628.00
Upside Target	640.75
Upside Target	649.65
Upside Target	674.90

Intraday share price targets for Andhra Paper (ANDHRAPAP)

Target Type	Value
Downside Intraday Target	528.1
Downside Intraday Target	522.7
Upside Intraday Target	540.85
Upside Intraday Target	548.2
Upside Intraday Target	535.45

Weekly technical analysis of Andhra Paper (ANDHRAPAP)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	533.50	533.00	542.80	530.05	0.106 times
16 Fri Feb 2024	532.75	530.75	542.00	499.55	0.253 times
09 Fri Feb 2024	525.15	575.00	614.95	500.00	3.542 times
02 Fri Feb 2024	584.40	604.85	640.75	583.00	1.096 times
25 Thu Jan 2024	602.40	635.70	649.65	577.05	0.548 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 Andhra Paper (ANDHRAPAP)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	533.50	624.95	628.00	499.55	1.052 times
31 Wed Jan 2024	621.10	615.00	649.65	577.05	1.326 times
29 Fri Dec 2023	609.85	564.00	628.00	558.05	2.052 times
30 Thu Nov 2023	564.10	549.40	579.00	534.00	0.259 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 Andhra Paper (ANDHRAPAP)

Price action analysis of Andhra Paper ( (ANDHRAPAP) ) 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 Andhra Paper ( (ANDHRAPAP) ) 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 Andhra Paper ( (ANDHRAPAP) ) 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 Andhra Paper ( (ANDHRAPAP) ) 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 Andhra Paper stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Andhra Paper 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.

Andhra Paper 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Andhra Paper in short term and BUY 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

Stock of Andhra Paper is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 526.27 and Andhra Paper (ANDHRAPAP) 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 Andhra Paper (ANDHRAPAP) stock. Volume based technical analysis of Andhra Paper (ANDHRAPAP) stock is negative.

Andhra Paper Stock is giving positive 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.