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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 2024-10-29 View latest technical analysis

10 day averaged volume of Asian Paints is 767761

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	2992.85	3020.00	3028.00	2941.10	0.799 times
28 Mon Oct 2024	3001.85	2987.90	3021.70	2963.05	0.658 times
25 Fri Oct 2024	2958.00	2975.50	3015.55	2952.00	1.365 times
24 Thu Oct 2024	2972.00	2989.70	3002.30	2951.00	0.744 times
23 Wed Oct 2024	2989.70	2999.95	3026.50	2972.05	0.814 times
22 Tue Oct 2024	3006.85	3054.00	3057.95	2995.25	0.706 times
21 Mon Oct 2024	3049.20	3007.05	3057.00	3000.55	1.051 times
18 Fri Oct 2024	2992.15	3057.00	3069.00	2980.60	1.171 times
17 Thu Oct 2024	3055.85	3082.90	3085.00	3037.00	0.879 times
16 Wed Oct 2024	3082.10	3088.00	3103.55	3066.10	0.995 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 2982.6 as stoploss in an intra day buy trade for a target of 3051.57. However, stock will show a bearish move below 2982.6.

Share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Target	2775.75
Downside Target	2842.00
Downside Target	2941.10
Upside Target	3098.00
Upside Target	3103.55
Upside Target	3139.60
Upside Target	3146.70
Upside Target	3203.65
Upside Target	3328.95
Upside Target	3358.00
Upside Target	3394.90

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type	Value
Downside Intraday Target	2946.63
Downside Intraday Target	2900.42
Upside Intraday Target	3033.53
Upside Intraday Target	3074.22
Downside Intraday Target	2987.32

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	2992.85	2987.90	3028.00	2941.10	0.311 times
25 Fri Oct 2024	2958.00	3007.05	3057.95	2951.00	0.836 times
18 Fri Oct 2024	2992.15	3037.00	3103.55	2980.60	0.844 times
11 Fri Oct 2024	3037.20	3075.00	3146.70	3026.00	0.952 times
04 Fri Oct 2024	3072.50	3310.75	3358.00	3054.55	1.166 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
29 Tue Oct 2024	2992.85	3317.00	3328.95	2941.10	0.738 times
30 Mon Sep 2024	3329.10	3148.00	3394.90	3139.60	1.075 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Asian Paints stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Asian Paints in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 3009.49 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.