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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 2024-06-03 View latest technical analysis

10 day averaged volume of Asian Paints is 1137037

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	2866.45	2950.00	2950.00	2860.05	0.838 times
31 Fri May 2024	2881.20	2883.70	2906.00	2855.60	2.217 times
30 Thu May 2024	2883.70	2875.25	2910.85	2875.00	1.182 times
29 Wed May 2024	2900.15	2896.00	2921.70	2881.10	1.546 times
28 Tue May 2024	2911.20	2875.85	2921.00	2864.00	0.954 times
27 Mon May 2024	2872.30	2887.90	2898.30	2855.55	0.719 times
24 Fri May 2024	2874.75	2910.20	2910.20	2867.00	0.665 times
23 Thu May 2024	2903.75	2885.00	2921.25	2877.30	1.039 times
22 Wed May 2024	2885.75	2851.80	2895.00	2836.60	0.821 times
21 Tue May 2024	2851.80	2815.00	2866.95	2801.00	0.811 times

My analysis of stock is bullish for shortterm, and stock might move up till 2903.4 or till 2963.3. Use a stoploss of 2853.41 and if this stock hits its stoploss, then it can fall down till 2803.44

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	2921.70
Upside Target	2943.25
Upside Target	2950.00
Upside Target	2967.95
Upside Target	2997.00
Upside Target	3035.00

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Intraday Target	2834.33
Downside Intraday Target	2802.22
Upside Intraday Target	2924.28
Upside Intraday Target	2982.12
Upside Intraday Target	2892.17

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	2866.45	2950.00	2950.00	2860.05	0.127 times
31 Fri May 2024	2881.20	2887.90	2921.70	2855.55	1.984 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

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
03 Mon Jun 2024	2866.45	2950.00	2950.00	2860.05	0.029 times
31 Fri May 2024	2881.20	2875.10	2997.00	2670.10	1.596 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

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 to mid 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 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 gaining momentum.

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

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 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 buy signal for Asian Paints in short term and BUY signal is strong.

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 2885.02 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 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.