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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 2024-03-18 View latest technical analysis

10 day averaged volume of Andhra Paper is 155921

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	504.80	503.15	508.65	493.55	0.479 times
15 Fri Mar 2024	500.90	492.20	505.00	487.20	0.644 times
14 Thu Mar 2024	492.20	495.00	499.40	476.00	5.476 times
13 Wed Mar 2024	494.10	507.15	511.60	491.00	0.859 times
12 Tue Mar 2024	507.15	510.00	516.80	504.15	0.433 times
11 Mon Mar 2024	514.30	521.90	522.00	508.00	0.68 times
07 Thu Mar 2024	522.15	526.95	528.20	520.00	0.304 times
06 Wed Mar 2024	523.45	535.85	535.85	518.65	0.75 times
05 Tue Mar 2024	532.10	523.00	534.00	521.70	0.462 times
04 Mon Mar 2024	526.40	532.10	535.25	524.55	0.291 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 505.6, but if it comes above 505.6, then a intra day buy could be more profitable.
If you take a sell trade below 505.6, then use 505.6 as stoploss and 483.5 as target. However if you take a buy trade in stock , then use 505.6 as stoploss and 524.09 as target.

Share price targets for Andhra Paper (ANDHRAPAP)

Target Type	Value
Downside Target	476.00
Downside Target	493.55
Upside Target	535.85
Upside Target	550.25
Upside Target	558.05
Upside Target	571.95
Upside Target	577.05
Upside Target	579.00
Upside Target	628.00
Upside Target	649.65

Intraday share price targets for Andhra Paper (ANDHRAPAP)

Target Type	Value
Downside Intraday Target	496.02
Downside Intraday Target	487.23
Upside Intraday Target	511.12
Upside Intraday Target	517.43
Downside Intraday Target	502.33

Weekly technical analysis of Andhra Paper (ANDHRAPAP)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	504.80	503.15	508.65	493.55	0.059 times
15 Fri Mar 2024	500.90	521.90	522.00	476.00	4.479 times
07 Thu Mar 2024	522.15	532.10	535.85	518.65	0.61 times
02 Sat Mar 2024	532.10	550.25	550.25	501.00	0.623 times
23 Fri Feb 2024	546.25	533.00	571.95	530.05	0.79 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
18 Mon Mar 2024	504.80	513.60	535.85	476.00	0.274 times
29 Thu Feb 2024	512.10	624.95	628.00	499.55	1.261 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

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Andhra Paper ( (ANDHRAPAP) ) 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 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 SELL. Signal strength is Strong and stock is losing 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 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Andhra Paper in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 501.42 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 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.