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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 2024-01-25 View latest technical analysis

10 day averaged volume of Asian Paints is 1314851

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jan 2024	2949.20	3010.05	3016.00	2942.30	1.523 times
24 Wed Jan 2024	2999.45	3055.00	3055.00	2976.10	2.028 times
23 Tue Jan 2024	3054.70	3087.55	3109.00	3021.55	1.799 times
22 Mon Jan 2024	3138.80	3179.90	3189.20	3130.35	0.21 times
19 Fri Jan 2024	3165.85	3177.80	3201.55	3148.60	0.712 times
18 Thu Jan 2024	3163.85	3257.95	3257.95	3048.60	1.505 times
17 Wed Jan 2024	3242.30	3294.10	3304.35	3193.05	1.703 times
16 Tue Jan 2024	3296.90	3274.95	3320.00	3273.90	0.569 times
15 Mon Jan 2024	3273.90	3282.20	3287.20	3258.60	0.554 times
12 Fri Jan 2024	3277.80	3294.95	3294.95	3244.00	0.512 times

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 2965.3, for a target of 3120.7 or 3250.13

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2930.00
Upside Target	3048.60
Upside Target	3134.00
Upside Target	3320.00
Upside Target	3334.80
Upside Target	3345.00
Upside Target	3345.20
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	2864.6
Downside Intraday Target	2780
Upside Intraday Target	3111.5
Upside Intraday Target	3273.8
Upside Intraday Target	3026.9

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jan 2024	2949.20	3179.90	3189.20	2942.30	1.102 times
19 Fri Jan 2024	3165.85	3282.20	3320.00	3048.60	2.127 times
12 Fri Jan 2024	3277.80	3355.00	3376.50	3244.00	1.294 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

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
25 Thu Jan 2024	2949.20	3403.00	3411.80	2942.30	0.986 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 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 mid to longer 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.

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 and the sell signal is strong.

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 red color and prices are below the red cloud Prices appear to be coming down

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3116 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 negative.

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