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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 2024-07-12 View latest technical analysis

10 day averaged volume of Asian Paints is 1186902

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	2999.15	3025.00	3052.00	2970.90	1.584 times
11 Thu Jul 2024	3022.05	2999.00	3030.00	2973.00	1.659 times
10 Wed Jul 2024	2996.45	2900.05	3014.50	2894.35	1.938 times
09 Tue Jul 2024	2905.00	2908.95	2913.20	2890.00	0.577 times
08 Mon Jul 2024	2898.15	2935.90	2935.90	2890.70	0.698 times
05 Fri Jul 2024	2935.90	2937.15	2946.90	2913.10	0.689 times
04 Thu Jul 2024	2934.90	2940.00	2968.45	2923.00	0.816 times
03 Wed Jul 2024	2925.55	2929.70	2948.95	2916.00	0.779 times
02 Tue Jul 2024	2925.60	2927.80	2936.00	2912.00	0.897 times
01 Mon Jul 2024	2927.80	2889.30	2939.00	2888.00	0.93 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3012.7, for a target of 2962.8 or 2921.22

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
Downside Target	2943.25
Downside Target	2951.90
Downside Target	2968.45
Downside Target	2997.00
Upside Target	3027.30
Upside Target	3052.00

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Intraday Target	2908.77
Downside Intraday Target	2818.38
Upside Intraday Target	3070.77
Upside Intraday Target	3142.38
Downside Intraday Target	2980.38

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	2999.15	2935.90	3052.00	2890.00	1.57 times
05 Fri Jul 2024	2935.90	2889.30	2968.45	2888.00	0.826 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Asian Paints (ASIANPAINT)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	2999.15	2889.30	3052.00	2888.00	0.502 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above 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 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 2963.4 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.