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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 2024-04-22 View latest technical analysis

10 day averaged volume of Andhra Paper is 72598

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	494.55	490.90	496.05	490.90	0.489 times
19 Fri Apr 2024	489.40	485.00	492.90	480.15	0.967 times
18 Thu Apr 2024	488.55	493.00	495.00	486.95	1.541 times
16 Tue Apr 2024	493.55	490.00	495.45	488.10	0.79 times
15 Mon Apr 2024	491.75	490.00	502.05	483.40	0.984 times
12 Fri Apr 2024	503.35	508.10	508.10	500.85	1.247 times
10 Wed Apr 2024	504.45	512.40	512.40	501.60	0.886 times
09 Tue Apr 2024	506.10	514.20	519.10	502.35	0.841 times
08 Mon Apr 2024	514.20	514.10	518.70	512.00	0.901 times
05 Fri Apr 2024	514.05	517.00	519.00	510.00	0.946 times

My analysis of stock is bearish for shortterm, and stock might move down till 489.6 or till 477.9. Use a stoploss of 499.42 and if the stock hits stoploss, then it can shoot up till 509.21

Share price targets for Andhra Paper (ANDHRAPAP)

Target Type	Value
Downside Target	476.00
Downside Target	489.75
Upside Target	519.10
Upside Target	519.30
Upside Target	535.85
Upside Target	558.05
Upside Target	577.05
Upside Target	628.00
Upside Target	649.65

Intraday share price targets for Andhra Paper (ANDHRAPAP)

Target Type	Value
Downside Intraday Target	491.62
Downside Intraday Target	488.68
Upside Intraday Target	496.77
Upside Intraday Target	498.98
Downside Intraday Target	493.83

Weekly technical analysis of Andhra Paper (ANDHRAPAP)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	494.55	490.90	496.05	490.90	0.114 times
19 Fri Apr 2024	489.40	490.00	502.05	480.15	1.105 times
12 Fri Apr 2024	503.35	514.10	519.10	500.85	0.704 times
05 Fri Apr 2024	514.05	489.75	519.30	489.75	0.764 times
28 Thu Mar 2024	485.75	496.00	503.95	480.00	1.786 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
22 Mon Apr 2024	494.55	489.75	519.30	480.15	0.422 times
28 Thu Mar 2024	485.75	513.60	535.85	476.00	0.394 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

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 Andhra Paper (ANDHRAPAP)

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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 499.54 and Andhra Paper (ANDHRAPAP) 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 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.