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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 2024-08-06 View latest technical analysis

10 day averaged volume of Andhra Paper is 131861

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	549.75	549.95	552.00	532.45	2.204 times
05 Mon Aug 2024	560.60	559.00	570.00	538.10	1.565 times
02 Fri Aug 2024	576.70	570.00	579.10	565.30	0.945 times
01 Thu Aug 2024	575.15	580.00	582.35	570.00	0.918 times
31 Wed Jul 2024	575.40	584.95	586.10	573.05	0.567 times
30 Tue Jul 2024	582.10	576.00	590.00	576.00	0.658 times
29 Mon Jul 2024	575.60	576.00	577.00	571.05	0.575 times
26 Fri Jul 2024	569.95	573.00	573.00	563.50	0.471 times
25 Thu Jul 2024	564.40	570.00	584.90	553.35	2.078 times
24 Wed Jul 2024	579.95	573.95	582.00	570.00	0.617 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 553.3, for a target of 565 or 574.67

Share price targets for Andhra Paper (ANDHRAPAP)

Target Type	Value
Downside Target	465.05
Downside Target	480.15
Downside Target	497.00
Downside Target	532.45
Upside Target	570.10
Upside Target	578.40
Upside Target	582.35
Upside Target	584.90
Upside Target	590.00
Upside Target	595.25
Upside Target	615.65
Upside Target	640.00

Intraday share price targets for Andhra Paper (ANDHRAPAP)

Target Type	Value
Downside Intraday Target	531.47
Downside Intraday Target	513.18
Upside Intraday Target	569.02
Upside Intraday Target	588.28
Upside Intraday Target	550.73

Weekly technical analysis of Andhra Paper (ANDHRAPAP)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	549.75	559.00	570.00	532.45	1.029 times
02 Fri Aug 2024	576.70	576.00	590.00	565.30	0.658 times
26 Fri Jul 2024	569.95	566.00	584.90	553.35	1.165 times
19 Fri Jul 2024	569.30	590.90	595.25	556.05	0.857 times
12 Fri Jul 2024	590.90	609.80	615.65	570.10	0.304 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
06 Tue Aug 2024	549.75	580.00	582.35	532.45	0.156 times
31 Wed Jul 2024	575.40	569.90	640.00	553.35	1.415 times
28 Fri Jun 2024	567.75	504.00	578.40	465.05	1.702 times
31 Fri May 2024	499.30	530.00	544.10	497.00	0.825 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 but the sell signal is initial and weak.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 566.27 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.