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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 2024-06-20 View latest technical analysis

10 day averaged volume of Asian Paints is 1260282

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	2915.50	2885.00	2924.50	2872.40	0.896 times
19 Wed Jun 2024	2891.70	2918.00	2920.00	2882.65	0.808 times
18 Tue Jun 2024	2918.50	2921.60	2928.00	2905.00	0.588 times
14 Fri Jun 2024	2921.60	2910.00	2931.35	2905.10	0.78 times
13 Thu Jun 2024	2910.00	2929.00	2929.00	2905.00	0.576 times
12 Wed Jun 2024	2905.80	2909.00	2918.00	2865.65	1.35 times
11 Tue Jun 2024	2902.45	2915.00	2920.35	2895.00	0.679 times
10 Mon Jun 2024	2937.55	2928.00	2951.90	2915.00	0.696 times
07 Fri Jun 2024	2927.70	2904.80	2943.10	2888.85	1.27 times
06 Thu Jun 2024	2904.80	2960.00	2961.75	2882.25	1.34 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 2927.2 as stoploss in an intra day sell trade for a target of 2902.43. However, stock will show a bullish move above 2927.2.

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2670.10
Downside Target	2766.15
Upside Target	2921.25
Upside Target	2921.70
Upside Target	2928.00
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	2882.6
Downside Intraday Target	2849.7
Upside Intraday Target	2938.2
Upside Intraday Target	2960.9
Downside Intraday Target	2905.3

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	2915.50	2921.60	2928.00	2872.40	0.562 times
14 Fri Jun 2024	2921.60	2928.00	2951.90	2865.65	0.551 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

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
20 Thu Jun 2024	2915.50	2950.00	3027.30	2775.75	0.537 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Asian Paints stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Asian Paints in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 but BUY 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 2913.12 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.