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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 2024-04-30 View latest technical analysis

10 day averaged volume of Asian Paints is 997543

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	2875.90	2855.00	2912.00	2855.00	1.294 times
29 Mon Apr 2024	2868.20	2844.15	2873.95	2839.00	0.568 times
26 Fri Apr 2024	2844.15	2870.00	2878.20	2837.05	0.627 times
25 Thu Apr 2024	2861.45	2865.00	2869.90	2829.05	1.598 times
24 Wed Apr 2024	2867.75	2882.95	2883.10	2860.00	0.72 times
23 Tue Apr 2024	2874.90	2852.00	2877.95	2844.00	0.931 times
22 Mon Apr 2024	2841.85	2846.60	2846.60	2814.05	0.678 times
19 Fri Apr 2024	2808.55	2790.00	2822.10	2766.15	1.341 times
18 Thu Apr 2024	2807.70	2855.00	2859.20	2800.10	1.737 times
16 Tue Apr 2024	2830.00	2827.65	2841.45	2820.00	0.913 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 2888.9 as stoploss in an intra day sell trade for a target of 2862.08. However, stock will show a bullish move above 2888.9.

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2766.15
Upside Target	2912.00
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	2839.27
Downside Intraday Target	2802.63
Upside Intraday Target	2912.27
Upside Intraday Target	2948.63
Downside Intraday Target	2875.63

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	2875.90	2844.15	2912.00	2839.00	0.409 times
26 Fri Apr 2024	2844.15	2846.60	2883.10	2814.05	0.934 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

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
30 Tue Apr 2024	2875.90	2860.95	2943.25	2766.15	0.945 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 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 short 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 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 BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 negative zone. This is the SELL 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 2844.39 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.