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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 2024-06-11 View latest technical analysis

10 day averaged volume of Asian Paints is 1692121

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	2902.45	2915.00	2920.35	2895.00	0.506 times
10 Mon Jun 2024	2937.55	2928.00	2951.90	2915.00	0.518 times
07 Fri Jun 2024	2927.70	2904.80	2943.10	2888.85	0.946 times
06 Thu Jun 2024	2904.80	2960.00	2961.75	2882.25	0.998 times
05 Wed Jun 2024	2961.75	2864.50	3027.30	2864.50	1.425 times
04 Tue Jun 2024	2857.65	2880.00	2897.00	2775.75	1.586 times
03 Mon Jun 2024	2866.45	2950.00	2950.00	2860.05	0.563 times
31 Fri May 2024	2881.20	2883.70	2906.00	2855.60	1.489 times
30 Thu May 2024	2883.70	2875.25	2910.85	2875.00	0.795 times
29 Wed May 2024	2900.15	2896.00	2921.70	2881.10	1.039 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 2920.5 as stoploss in an intra day sell trade for a target of 2878.85. However, stock will show a bullish move above 2920.5.

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2670.10
Downside Target	2754.10
Downside Target	2899.90
Upside Target	2921.25
Upside Target	2921.70
Upside Target	2943.25
Upside Target	2951.90
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	2881
Downside Intraday Target	2859.55
Upside Intraday Target	2937.9
Upside Intraday Target	2973.35
Upside Intraday Target	2916.45

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	2902.45	2928.00	2951.90	2895.00	0.186 times
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

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
11 Tue Jun 2024	2902.45	2950.00	3027.30	2775.75	0.342 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak and stock is losing 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 in or below 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 BUY signal in short term but buying 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 2901.3 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 positive

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