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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 2024-07-04 View latest technical analysis

10 day averaged volume of Asian Paints is 1185100

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Jul 2024	2934.90	2940.00	2968.45	2923.00	0.817 times
03 Wed Jul 2024	2925.55	2929.70	2948.95	2916.00	0.781 times
02 Tue Jul 2024	2925.60	2927.80	2936.00	2912.00	0.898 times
01 Mon Jul 2024	2927.80	2889.30	2939.00	2888.00	0.932 times
28 Fri Jun 2024	2917.05	2865.00	2932.00	2862.20	1.018 times
27 Thu Jun 2024	2880.85	2860.75	2903.00	2845.00	1.374 times
26 Wed Jun 2024	2863.35	2860.20	2873.85	2844.05	0.811 times
25 Tue Jun 2024	2858.45	2876.00	2894.95	2856.00	1.028 times
24 Mon Jun 2024	2896.05	2883.00	2899.95	2871.40	0.753 times
21 Fri Jun 2024	2890.85	2925.00	2928.00	2880.10	1.453 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2929.4, but if it comes below 2929.4, then a intra day sell could be more profitable.
If you take a sell trade below 2929.4, then use 2929.4 as stoploss and 2907.8 as target. However if you take a buy trade in stock , then use 2929.4 as stoploss and 2955.4 as target.

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2670.10
Downside Target	2766.15
Downside Target	2844.05
Downside Target	2932.00
Upside Target	2943.25
Upside Target	2951.90
Upside Target	2968.45
Upside Target	2997.00
Upside Target	3027.30

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Intraday Target	2892.45
Downside Intraday Target	2850
Upside Intraday Target	2972.9
Upside Intraday Target	3010.9
Downside Intraday Target	2930.45

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Jul 2024	2934.90	2889.30	2968.45	2888.00	0.688 times
28 Fri Jun 2024	2917.05	2883.00	2932.00	2844.05	1.281 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

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
04 Thu Jul 2024	2934.90	2889.30	2968.45	2888.00	0.163 times
28 Fri Jun 2024	2917.05	2950.00	3027.30	2775.75	0.772 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

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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 2899.97 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.