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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 2024-07-25 View latest technical analysis

10 day averaged volume of Asian Paints is 2320798

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	2901.40	2892.05	2908.70	2885.25	0.534 times
24 Wed Jul 2024	2912.80	2901.00	2927.00	2886.20	0.636 times
23 Tue Jul 2024	2897.10	2934.30	2947.30	2886.00	0.821 times
22 Mon Jul 2024	2934.30	2937.00	2973.35	2917.15	0.696 times
19 Fri Jul 2024	2946.05	2925.00	2980.00	2917.25	0.933 times
18 Thu Jul 2024	2931.55	2875.00	2957.90	2842.00	2.32 times
16 Tue Jul 2024	2974.45	2959.00	3015.95	2941.50	0.899 times
15 Mon Jul 2024	2956.50	2999.00	2999.00	2932.55	1.045 times
12 Fri Jul 2024	2999.15	3025.00	3052.00	2970.90	0.81 times
11 Thu Jul 2024	3022.05	2999.00	3030.00	2973.00	0.848 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 2899.8 as stoploss in an intra day buy trade for a target of 2936.13. However, stock will show a bearish move below 2899.8.

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2670.10
Downside Target	2766.15
Downside Target	2842.00
Upside Target	2943.25
Upside Target	2968.45
Upside Target	2973.35
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	2866.65
Downside Intraday Target	2831.9
Upside Intraday Target	2954.75
Upside Intraday Target	3008.1
Upside Intraday Target	2920

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	2901.40	2937.00	2973.35	2885.25	0.517 times
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

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
25 Thu Jul 2024	2901.40	2889.30	3052.00	2842.00	1.234 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 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 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 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 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 SELL. Signal strength is Weak and stock is gaining 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 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 2947.82 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 negative.

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