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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 2024-01-10 View latest technical analysis

10 day averaged volume of Asian Paints is 585826

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jan 2024	3286.85	3292.00	3293.00	3258.20	1.18 times
09 Tue Jan 2024	3267.50	3310.00	3315.00	3262.25	1.145 times
08 Mon Jan 2024	3298.40	3355.00	3376.50	3294.85	0.932 times
05 Fri Jan 2024	3355.55	3379.95	3380.40	3348.00	0.712 times
04 Thu Jan 2024	3379.95	3372.00	3401.25	3363.80	1.327 times
03 Wed Jan 2024	3373.60	3391.35	3399.00	3365.00	0.647 times
02 Tue Jan 2024	3391.35	3396.00	3398.90	3345.00	0.943 times
01 Mon Jan 2024	3396.10	3403.00	3411.80	3389.15	0.485 times
29 Fri Dec 2023	3402.40	3410.00	3422.95	3383.90	1.051 times
28 Thu Dec 2023	3397.25	3405.00	3419.95	3373.05	1.33 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3285 as stoploss in an intra day buy trade for a target of 3337.26. However, stock will show a bearish move below 3285.

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2930.00
Downside Target	3134.00
Upside Target	3334.80
Upside Target	3345.00
Upside Target	3345.20
Upside Target	3359.95
Upside Target	3376.50
Upside Target	3411.80
Upside Target	3422.95

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Intraday Target	3237.87
Downside Intraday Target	3188.88
Upside Intraday Target	3356.17
Upside Intraday Target	3425.48
Upside Intraday Target	3307.18

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jan 2024	3286.85	3355.00	3376.50	3258.20	0.792 times
05 Fri Jan 2024	3355.55	3403.00	3411.80	3345.00	0.851 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

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
10 Wed Jan 2024	3286.85	3403.00	3411.80	3258.20	0.219 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 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 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 SELL. 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 LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a SELL signal for Asian Paints 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 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 3352.17 and Asian Paints (ASIANPAINT) 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 Asian Paints (ASIANPAINT) stock. Volume based technical analysis of Asian Paints (ASIANPAINT) stock is negative.

Asian Paints Stock has given negative 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.