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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 2024-08-02 View latest technical analysis

10 day averaged volume of Asian Paints is 1798688

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	3106.70	3070.00	3129.05	3060.00	0.75 times
01 Thu Aug 2024	3099.35	3088.00	3128.95	3062.80	0.931 times
31 Wed Jul 2024	3084.45	3005.05	3098.00	3005.05	1.973 times
30 Tue Jul 2024	3005.05	2973.50	3032.80	2970.00	1.192 times
29 Mon Jul 2024	2954.70	2953.05	2965.10	2936.00	0.475 times
26 Fri Jul 2024	2950.15	2902.20	2964.45	2900.70	0.756 times
25 Thu Jul 2024	2901.40	2892.05	2908.70	2885.25	0.689 times
24 Wed Jul 2024	2912.80	2901.00	2927.00	2886.20	0.821 times
23 Tue Jul 2024	2897.10	2934.30	2947.30	2886.00	1.06 times
22 Mon Jul 2024	2934.30	2937.00	2973.35	2917.15	0.899 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 3111.4, for a target of 3034.6 or 2970.56

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2670.10
Downside Target	2766.15
Downside Target	2842.00
Downside Target	2997.00
Downside Target	3015.95
Downside Target	3027.30
Downside Target	3052.00
Downside Target	3060.00
Downside Target	3098.00
Upside Target	3129.05

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Intraday Target	2985.45
Downside Intraday Target	2864.2
Upside Intraday Target	3178.5
Upside Intraday Target	3250.3
Downside Intraday Target	3057.25

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	3106.70	2953.05	3129.05	2936.00	1.26 times
26 Fri Jul 2024	2950.15	2937.00	2973.35	2885.25	0.63 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

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
02 Fri Aug 2024	3106.70	3088.00	3129.05	3060.00	0.078 times
31 Wed Jul 2024	3084.45	2889.30	3098.00	2842.00	1.55 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

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 losing 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 moving up

CCI has generated a buy signal for Asian Paints in short term and BUY signal is strong.

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 2997.73 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.