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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 2024-02-20 View latest technical analysis

10 day averaged volume of Andhra Paper is 385949

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	560.75	536.80	564.90	533.00	0.901 times
19 Mon Feb 2024	533.50	533.00	542.80	530.05	0.259 times
16 Fri Feb 2024	532.75	535.00	538.70	530.00	0.392 times
15 Thu Feb 2024	531.60	519.25	538.60	519.25	0.399 times
14 Wed Feb 2024	519.70	504.15	527.10	503.85	0.255 times
13 Tue Feb 2024	507.45	510.00	523.45	499.55	0.723 times
12 Mon Feb 2024	519.50	530.75	542.00	513.00	0.663 times
09 Fri Feb 2024	525.15	614.95	614.95	500.00	6.001 times
08 Thu Feb 2024	531.25	548.45	548.45	528.90	0.453 times
07 Wed Feb 2024	542.05	555.10	557.00	541.00	0.388 times

My analysis of stock is bearish for shortterm, and stock might move down till 522.7 or till 475.7. Use a stoploss of 561.83 and if the stock hits stoploss, then it can shoot up till 600.99

Share price targets for Andhra Paper (ANDHRAPAP)

Target Type	Value
Downside Target	499.55
Downside Target	530.05
Downside 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	538.9
Downside Intraday Target	517.05
Upside Intraday Target	573.75
Upside Intraday Target	586.75
Downside Intraday Target	551.9

Weekly technical analysis of Andhra Paper (ANDHRAPAP)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	560.75	533.00	564.90	530.05	0.477 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
20 Tue Feb 2024	560.75	624.95	628.00	499.55	1.123 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Andhra Paper 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.

Andhra Paper 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 Andhra Paper 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 Andhra Paper is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 528.14 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 rising upwards.

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.