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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 2024-06-27 View latest technical analysis

10 day averaged volume of Asian Paints is 1109303

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	2880.85	2860.75	2903.00	2845.00	1.468 times
26 Wed Jun 2024	2863.35	2860.20	2873.85	2844.05	0.866 times
25 Tue Jun 2024	2858.45	2876.00	2894.95	2856.00	1.098 times
24 Mon Jun 2024	2896.05	2883.00	2899.95	2871.40	0.804 times
21 Fri Jun 2024	2890.85	2925.00	2928.00	2880.10	1.553 times
20 Thu Jun 2024	2915.50	2885.00	2924.50	2872.40	1.018 times
19 Wed Jun 2024	2891.70	2918.00	2920.00	2882.65	0.918 times
18 Tue Jun 2024	2918.50	2921.60	2928.00	2905.00	0.668 times
14 Fri Jun 2024	2921.60	2910.00	2931.35	2905.10	0.886 times
13 Thu Jun 2024	2910.00	2929.00	2929.00	2905.00	0.655 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2872 as stoploss in an intra day buy trade for a target of 2898.8. However, stock will show a bearish move below 2872.

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2670.10
Downside Target	2766.15
Downside Target	2844.05
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	2848.93
Downside Intraday Target	2817.02
Upside Intraday Target	2907.88
Upside Intraday Target	2934.92
Downside Intraday Target	2875.97

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	2880.85	2883.00	2903.00	2844.05	1.019 times
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

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
27 Thu Jun 2024	2880.85	2950.00	3027.30	2775.75	0.735 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 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 to mid 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below 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 SELL signal in short term and selling is picking up 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 2892.29 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.