Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-14 View latest technical analysis

10 day averaged volume of Asian Paints is 1777130

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue May 2024	2866.15	2879.00	2888.00	2842.00	0.562 times
13 Mon May 2024	2879.25	2771.25	2895.00	2754.10	1.547 times
10 Fri May 2024	2771.25	2699.00	2792.60	2670.10	1.395 times
09 Thu May 2024	2710.10	2828.00	2853.95	2703.80	1.996 times
08 Wed May 2024	2843.30	2900.00	2905.00	2821.00	0.93 times
07 Tue May 2024	2913.00	2947.00	2967.95	2904.00	0.354 times
06 Mon May 2024	2932.15	2950.00	2959.00	2911.20	0.433 times
03 Fri May 2024	2929.75	2983.05	2997.00	2909.25	0.897 times
02 Thu May 2024	2975.40	2875.10	2988.00	2875.10	1.403 times
30 Tue Apr 2024	2875.90	2855.00	2912.00	2855.00	0.726 times

My analysis of stock is bullish for shortterm, and stock might move up till 2914.2 or till 2982.5. Use a stoploss of 2857.26 and if this stock hits its stoploss, then it can fall down till 2800.34

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2670.10
Downside Target	2754.10
Upside Target	2895.00
Upside Target	2899.90
Upside Target	2940.05
Upside Target	2943.25
Upside Target	2967.95
Upside Target	2997.00
Upside Target	3035.00
Upside Target	3411.80

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Intraday Target	2781.83
Downside Intraday Target	2697.52
Upside Intraday Target	2922.73
Upside Intraday Target	2979.32
Downside Intraday Target	2838.42

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue May 2024	2866.15	2771.25	2895.00	2754.10	0.413 times
10 Fri May 2024	2771.25	2950.00	2967.95	2670.10	1.527 times
03 Fri May 2024	2929.75	2844.15	2997.00	2839.00	1.308 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

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
14 Tue May 2024	2866.15	2875.10	2997.00	2670.10	0.834 times
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

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 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 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 Weak and stock is losing momentum.

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

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 but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 2848.35 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 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.