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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 2024-06-21 View latest technical analysis

10 day averaged volume of Asian Paints is 1132199

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	2890.85	2925.00	2928.00	2880.10	1.521 times
20 Thu Jun 2024	2915.50	2885.00	2924.50	2872.40	0.998 times
19 Wed Jun 2024	2891.70	2918.00	2920.00	2882.65	0.899 times
18 Tue Jun 2024	2918.50	2921.60	2928.00	2905.00	0.655 times
14 Fri Jun 2024	2921.60	2910.00	2931.35	2905.10	0.868 times
13 Thu Jun 2024	2910.00	2929.00	2929.00	2905.00	0.642 times
12 Wed Jun 2024	2905.80	2909.00	2918.00	2865.65	1.503 times
11 Tue Jun 2024	2902.45	2915.00	2920.35	2895.00	0.756 times
10 Mon Jun 2024	2937.55	2928.00	2951.90	2915.00	0.774 times
07 Fri Jun 2024	2927.70	2904.80	2943.10	2888.85	1.413 times

My analysis of stock is bearish for shortterm, and stock might move down till 2876.9 or till 2847.1. Use a stoploss of 2901.78 and if the stock hits stoploss, then it can shoot up till 2926.64

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	2866.17
Downside Intraday Target	2841.48
Upside Intraday Target	2921.77
Upside Intraday Target	2952.68
Upside Intraday Target	2897.08

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	2890.85	2921.60	2928.00	2872.40	0.897 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
21 Fri Jun 2024	2890.85	2950.00	3027.30	2775.75	0.59 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Asian Paints ( (ASIANPAINT) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Asian Paints ( (ASIANPAINT) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 losing momentum.

MACD generated a SELL signal for Asian Paints in short term but the sell signal is initial and weak.

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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Asian Paints in short term and SELL 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

Although the stock is in the BUY zone, but buying 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 2910.98 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 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.