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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 2024-09-24 View latest technical analysis

10 day averaged volume of Asian Paints is 1117088

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	3248.40	3277.45	3297.75	3241.10	0.947 times
23 Mon Sep 2024	3277.45	3316.95	3324.90	3273.20	0.468 times
20 Fri Sep 2024	3306.95	3304.00	3324.80	3266.05	1.347 times
19 Thu Sep 2024	3293.85	3294.00	3320.00	3275.00	0.862 times
18 Wed Sep 2024	3274.65	3312.80	3324.85	3251.55	0.367 times
17 Tue Sep 2024	3312.80	3335.80	3349.90	3301.80	0.525 times
16 Mon Sep 2024	3335.80	3360.00	3394.90	3330.60	0.912 times
13 Fri Sep 2024	3358.05	3355.55	3369.70	3320.90	0.922 times
12 Thu Sep 2024	3383.25	3370.00	3393.00	3340.30	1.471 times
11 Wed Sep 2024	3367.45	3315.00	3382.95	3315.00	2.293 times

My analysis of stock is bearish for shortterm, and stock might move down till 3176.5 or till 3079.2. Use a stoploss of 3257.6 and if the stock hits stoploss, then it can shoot up till 3338.67

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2670.10
Downside Target	2775.75
Downside Target	2842.00
Downside Target	2966.00
Downside Target	3092.70
Downside Target	3203.65
Upside Target	3251.55
Upside Target	3258.00
Upside Target	3285.90
Upside Target	3324.90
Upside Target	3393.00
Upside Target	3394.90

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Intraday Target	3218.03
Downside Intraday Target	3187.67
Upside Intraday Target	3301.83
Upside Intraday Target	3355.27
Upside Intraday Target	3271.47

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	3248.40	3316.95	3324.90	3241.10	0.352 times
20 Fri Sep 2024	3306.95	3360.00	3394.90	3251.55	0.603 times
13 Fri Sep 2024	3358.05	3273.70	3393.00	3258.00	1.023 times
06 Fri Sep 2024	3273.70	3148.00	3285.90	3139.60	1.641 times
30 Fri Aug 2024	3126.80	3155.00	3203.65	3092.70	0.939 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
24 Tue Sep 2024	3248.40	3148.00	3394.90	3139.60	0.898 times
30 Fri Aug 2024	3126.80	3088.00	3203.65	2966.00	0.597 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 SELL. 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 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 3330.19 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 positive

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