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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 2024-06-07 View latest technical analysis

10 day averaged volume of Asian Paints is 1601708

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	2927.70	2904.80	2943.10	2888.85	0.999 times
06 Thu Jun 2024	2904.80	2960.00	2961.75	2882.25	1.055 times
05 Wed Jun 2024	2961.75	2864.50	3027.30	2864.50	1.505 times
04 Tue Jun 2024	2857.65	2880.00	2897.00	2775.75	1.676 times
03 Mon Jun 2024	2866.45	2950.00	2950.00	2860.05	0.595 times
31 Fri May 2024	2881.20	2883.70	2906.00	2855.60	1.574 times
30 Thu May 2024	2883.70	2875.25	2910.85	2875.00	0.839 times
29 Wed May 2024	2900.15	2896.00	2921.70	2881.10	1.098 times
28 Tue May 2024	2911.20	2875.85	2921.00	2864.00	0.677 times
27 Mon May 2024	2872.30	2887.90	2898.30	2855.55	0.51 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2913.1, but if it comes below 2913.1, then a intra day sell could be more profitable.
If you take a sell trade below 2913.1, then use 2913.1 as stoploss and 2874.12 as target. However if you take a buy trade in stock , then use 2913.1 as stoploss and 2959.8 as target.

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2670.10
Downside Target	2754.10
Downside Target	2899.90
Downside Target	2921.25
Downside Target	2921.70
Upside Target	2943.25
Upside Target	2967.95
Upside Target	2997.00
Upside Target	3027.30
Upside Target	3035.00

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Intraday Target	2793.2
Downside Intraday Target	2658.7
Upside Intraday Target	3044.75
Upside Intraday Target	3161.8
Downside Intraday Target	2910.25

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	2927.70	2950.00	3027.30	2775.75	1.241 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 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
07 Fri Jun 2024	2927.70	2950.00	3027.30	2775.75	0.288 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 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 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Asian Paints in short term and the buy 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 green color and prices are above the green 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 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 2898.59 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.