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 2024-05-27 View latest technical analysis

10 day averaged volume of Asian Paints is 1168379

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	2872.30	2887.90	2898.30	2855.55	0.699 times
24 Fri May 2024	2874.75	2910.20	2910.20	2867.00	0.647 times
23 Thu May 2024	2903.75	2885.00	2921.25	2877.30	1.012 times
22 Wed May 2024	2885.75	2851.80	2895.00	2836.60	0.799 times
21 Tue May 2024	2851.80	2815.00	2866.95	2801.00	0.789 times
18 Sat May 2024	2816.35	2824.00	2830.00	2810.20	0.045 times
17 Fri May 2024	2809.90	2814.60	2838.20	2786.10	1.134 times
16 Thu May 2024	2814.05	2821.05	2837.60	2786.55	1.313 times
15 Wed May 2024	2813.70	2866.15	2874.25	2806.15	1.053 times
14 Tue May 2024	2866.15	2879.00	2888.00	2842.00	0.855 times

My analysis of stock is bullish for shortterm, and stock might move up till 2919.2 or till 2989.8. Use a stoploss of 2860.34 and if this stock hits its stoploss, then it can fall down till 2801.5

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2670.10
Downside Target	2754.10
Upside Target	2899.90
Upside Target	2921.25
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	2852.47
Downside Intraday Target	2832.63
Upside Intraday Target	2895.22
Upside Intraday Target	2918.13
Upside Intraday Target	2875.38

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	2872.30	2887.90	2898.30	2855.55	0.215 times
24 Fri May 2024	2874.75	2815.00	2921.25	2801.00	0.481 times
18 Sat May 2024	2816.35	2771.25	2895.00	2754.10	0.869 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

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
27 Mon May 2024	2872.30	2875.10	2997.00	2670.10	1.265 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 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 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 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 tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Asian Paints in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 2849.68 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 negative.

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