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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 2024-04-24 View latest technical analysis

10 day averaged volume of Asian Paints is 1056628

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	2867.75	2882.95	2883.10	2860.00	0.68 times
23 Tue Apr 2024	2874.90	2852.00	2877.95	2844.00	0.879 times
22 Mon Apr 2024	2841.85	2846.60	2846.60	2814.05	0.64 times
19 Fri Apr 2024	2808.55	2790.00	2822.10	2766.15	1.266 times
18 Thu Apr 2024	2807.70	2855.00	2859.20	2800.10	1.64 times
16 Tue Apr 2024	2830.00	2827.65	2841.45	2820.00	0.862 times
15 Mon Apr 2024	2844.40	2830.20	2853.50	2812.35	0.837 times
12 Fri Apr 2024	2854.50	2890.00	2893.00	2845.00	1.672 times
10 Wed Apr 2024	2896.75	2883.30	2899.10	2858.00	0.701 times
09 Tue Apr 2024	2857.15	2893.00	2916.45	2845.00	0.963 times

My analysis of stock is bullish for shortterm, and stock might move up till 2885.5 or till 2920.5. Use a stoploss of 2856.26 and if this stock hits its stoploss, then it can fall down till 2827.04

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2766.15
Upside Target	2899.90
Upside Target	2916.45
Upside Target	2940.05
Upside Target	2943.25
Upside Target	3035.00
Upside Target	3140.25
Upside Target	3411.80
Upside Target	3422.95

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Intraday Target	2826.83
Downside Intraday Target	2785.92
Upside Intraday Target	2895.88
Upside Intraday Target	2924.02
Downside Intraday Target	2854.97

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	2867.75	2846.60	2883.10	2814.05	0.478 times
19 Fri Apr 2024	2808.55	2830.20	2859.20	2766.15	1.188 times
12 Fri Apr 2024	2854.50	2908.00	2916.45	2845.00	0.832 times
05 Fri Apr 2024	2883.45	2860.95	2943.25	2845.00	1.121 times
28 Thu Mar 2024	2846.75	2820.00	2868.00	2810.00	0.76 times

Price has moved up 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
24 Wed Apr 2024	2867.75	2860.95	2943.25	2766.15	0.755 times
28 Thu Mar 2024	2846.75	2832.90	2899.90	2777.75	0.679 times
29 Thu Feb 2024	2821.90	2961.00	3035.00	2776.75	1.296 times
31 Wed Jan 2024	2957.85	3403.00	3411.80	2940.05	1.235 times

Scroll below to view daily charts

Price has moved up 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Asian Paints ( (ASIANPAINT) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Asian Paints ( (ASIANPAINT) ) based on a short to mid 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 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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Asian Paints 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term but selling 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 2843.31 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 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.