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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 2024-07-19 View latest technical analysis

10 day averaged volume of Asian Paints is 1934421

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	2946.05	2925.00	2980.00	2917.25	1.119 times
18 Thu Jul 2024	2931.55	2875.00	2957.90	2842.00	2.784 times
16 Tue Jul 2024	2974.45	2959.00	3015.95	2941.50	1.078 times
15 Mon Jul 2024	2956.50	2999.00	2999.00	2932.55	1.254 times
12 Fri Jul 2024	2999.15	3025.00	3052.00	2970.90	0.972 times
11 Thu Jul 2024	3022.05	2999.00	3030.00	2973.00	1.018 times
10 Wed Jul 2024	2996.45	2900.05	3014.50	2894.35	1.189 times
09 Tue Jul 2024	2905.00	2908.95	2913.20	2890.00	0.354 times
08 Mon Jul 2024	2898.15	2935.90	2935.90	2890.70	0.428 times
05 Fri Jul 2024	2935.90	2937.15	2946.90	2913.10	0.423 times

My analysis of stock is bullish for shortterm, and stock might move up till 2972.4 or till 3024.1. Use a stoploss of 2929.29 and if this stock hits its stoploss, then it can fall down till 2886.18

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2670.10
Downside Target	2766.15
Downside Target	2842.00
Downside Target	2932.00
Downside Target	2943.25
Upside Target	2968.45
Upside Target	2997.00
Upside Target	3015.95
Upside Target	3027.30
Upside Target	3052.00

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Intraday Target	2853.38
Downside Intraday Target	2760.72
Upside Intraday Target	3027.33
Upside Intraday Target	3108.62
Downside Intraday Target	2934.67

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	2946.05	2999.00	3015.95	2842.00	1.574 times
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

Price has moved down 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
19 Fri Jul 2024	2946.05	2889.30	3052.00	2842.00	0.984 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Asian Paints ( (ASIANPAINT) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Asian Paints stock for short term is BUY. 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 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 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 2960.45 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.