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(ASIANPAINT) Asian Paints complete technical analysis [charts+indicators] | Buy/Sell Asian Paints | (ASIANPAINT) share price targets

Complete technical analysis of Asian Paints (ASIANPAINT) by charts plus indicators, forecast predictions and share price targets for Asian Paints (ASIANPAINT)

Asian Paints trades in NSE in Furniture-Furnishing-Paints sector.

Showing technical analysis as on 2024-01-04 View latest technical analysis

10 day averaged volume of Asian Paints is 754398

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Jan 2024	3379.95	3372.00	3401.25	3363.80	1.03 times
03 Wed Jan 2024	3373.60	3391.35	3399.00	3365.00	0.503 times
02 Tue Jan 2024	3391.35	3396.00	3398.90	3345.00	0.732 times
01 Mon Jan 2024	3396.10	3403.00	3411.80	3389.15	0.376 times
29 Fri Dec 2023	3402.40	3410.00	3422.95	3383.90	0.816 times
28 Thu Dec 2023	3397.25	3405.00	3419.95	3373.05	1.033 times
27 Wed Dec 2023	3404.45	3381.05	3409.95	3354.00	1.11 times
26 Tue Dec 2023	3383.35	3349.95	3391.90	3345.20	0.796 times
22 Fri Dec 2023	3341.30	3309.90	3350.80	3287.00	1.234 times
21 Thu Dec 2023	3302.95	3280.00	3320.00	3271.85	2.102 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3388.6 as stoploss in an intra day sell trade for a target of 3323.92. However, stock will show a bullish move above 3388.6.

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2930.00
Downside Target	3134.00
Downside Target	3334.80
Downside Target	3345.00
Downside Target	3345.20
Downside Target	3359.95
Upside Target	3411.80
Upside Target	3422.95

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Intraday Target	3346.03
Downside Intraday Target	3312.12
Upside Intraday Target	3412.83
Upside Intraday Target	3445.72
Downside Intraday Target	3378.92

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Jan 2024	3379.95	3403.00	3411.80	3345.00	0.704 times
29 Fri Dec 2023	3402.40	3349.95	3422.95	3345.20	0.546 times
22 Fri Dec 2023	3341.30	3313.00	3359.95	3271.85	0.937 times
15 Fri Dec 2023	3313.90	3230.00	3326.35	3185.50	1.061 times
08 Fri Dec 2023	3232.00	3190.00	3299.95	3166.50	1.298 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 Asian Paints (ASIANPAINT)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Jan 2024	3379.95	3403.00	3411.80	3345.00	0.101 times
29 Fri Dec 2023	3402.40	3146.95	3422.95	3140.25	1.296 times
30 Thu Nov 2023	3119.90	2997.95	3228.25	2930.00	0.829 times
31 Tue Oct 2023	2995.70	3166.10	3232.10	2931.00	1.008 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 Asian Paints (ASIANPAINT)

Price action analysis of Asian Paints ( (ASIANPAINT) ) 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 Asian Paints ( (ASIANPAINT) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Asian Paints ( (ASIANPAINT) ) based on a short to mid 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.

Price action analysis of Asian Paints ( (ASIANPAINT) ) 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 Asian Paints stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Asian Paints in short term but the sell signal is initial and weak.

Asian Paints Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Asian Paints in short term and BUY 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

Stock of Asian Paints is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3366.36 and Asian Paints (ASIANPAINT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Asian Paints (ASIANPAINT) stock. Volume based technical analysis of Asian Paints (ASIANPAINT) stock is negative.

Asian Paints Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.