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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 2024-08-09 View latest technical analysis

10 day averaged volume of Andhra Paper is 124220

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	550.05	548.45	553.75	542.10	0.354 times
08 Thu Aug 2024	544.45	546.25	548.95	540.05	0.558 times
07 Wed Aug 2024	548.55	544.95	555.70	540.10	1.054 times
06 Tue Aug 2024	549.75	549.95	552.00	532.45	2.34 times
05 Mon Aug 2024	560.60	559.00	570.00	538.10	1.661 times
02 Fri Aug 2024	576.70	570.00	579.10	565.30	1.003 times
01 Thu Aug 2024	575.15	580.00	582.35	570.00	0.974 times
31 Wed Jul 2024	575.40	584.95	586.10	573.05	0.602 times
30 Tue Jul 2024	582.10	576.00	590.00	576.00	0.698 times
29 Mon Jul 2024	575.60	576.00	577.00	571.05	0.611 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 556.9, but if it comes above 556.9, then a intra day buy could be more profitable.
If you take a sell trade below 556.9, then use 556.9 as stoploss and 542.4 as target. However if you take a buy trade in stock , then use 556.9 as stoploss and 568.93 as target.

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	531.67
Downside Intraday Target	513.28
Upside Intraday Target	569.22
Upside Intraday Target	588.38
Upside Intraday Target	550.83

Weekly technical analysis of Andhra Paper (ANDHRAPAP)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	550.05	559.00	570.00	532.45	1.534 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Andhra Paper (ANDHRAPAP)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	550.05	580.00	582.35	532.45	0.208 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 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 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 losing 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 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 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 561.88 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.