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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 2024-06-04 View latest technical analysis

10 day averaged volume of Andhra Paper is 45833

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	477.85	498.55	499.10	465.05	2.012 times
03 Mon Jun 2024	498.55	504.00	509.25	495.35	1.229 times
31 Fri May 2024	499.30	501.05	507.45	497.00	0.981 times
30 Thu May 2024	505.30	505.00	508.90	500.50	0.6 times
29 Wed May 2024	504.05	508.85	508.85	503.30	0.593 times
28 Tue May 2024	509.10	516.70	516.70	506.00	0.731 times
27 Mon May 2024	515.45	523.30	523.65	512.00	0.995 times
24 Fri May 2024	519.45	520.30	523.00	514.95	1.405 times
23 Thu May 2024	521.60	514.70	525.00	510.50	1.322 times
22 Wed May 2024	513.45	514.30	515.20	510.00	1.036 times

Stock of Andhra Paper (ANDHRAPAP) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 487.6, for a target of 500.3 or 510.9

Share price targets for Andhra Paper (ANDHRAPAP)

Target Type	Value
Downside Target	465.05
Downside Target	476.00
Upside Target	497.00
Upside Target	523.65
Upside Target	525.00
Upside Target	535.45
Upside Target	535.85
Upside Target	536.00
Upside Target	540.00
Upside Target	544.10
Upside Target	628.00

Intraday share price targets for Andhra Paper (ANDHRAPAP)

Target Type	Value
Downside Intraday Target	458.85
Downside Intraday Target	439.85
Upside Intraday Target	503.05
Upside Intraday Target	528.25
Upside Intraday Target	484.05

Weekly technical analysis of Andhra Paper (ANDHRAPAP)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	477.85	504.00	509.25	465.05	0.831 times
31 Fri May 2024	499.30	523.30	523.65	497.00	0.801 times
24 Fri May 2024	519.45	517.00	525.00	509.05	0.225 times
18 Sat May 2024	517.05	521.10	536.00	502.00	3.13 times
10 Fri May 2024	516.90	532.45	535.45	499.50	0.592 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 Andhra Paper (ANDHRAPAP)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	477.85	504.00	509.25	465.05	0.075 times
31 Fri May 2024	499.30	530.00	544.10	497.00	0.825 times
30 Tue Apr 2024	531.15	489.75	540.00	480.15	0.982 times
28 Thu Mar 2024	485.75	513.60	535.85	476.00	0.394 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Andhra Paper stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Andhra Paper in short term and the sell signal is strong.

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 coming down

CCI has generated a SELL signal for Andhra Paper in short term and SELL signal is strong!

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 504.62 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.