Login or Join
Learn then Earn

(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)

10 day averaged volume of Asian Paints is 2312447

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 2483.70 2488.00 2503.20 2472.35 0.407 times
18 Mon Nov 2024 2483.70 2520.00 2520.00 2470.80 0.409 times
14 Thu Nov 2024 2483.15 2482.80 2501.75 2466.20 0.522 times
13 Wed Nov 2024 2470.50 2470.00 2498.00 2451.10 0.78 times
12 Tue Nov 2024 2474.85 2535.00 2535.00 2470.00 1.49 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2589.9, but if it comes above 2589.9, then a intra day buy could be more profitable.
If you take a sell trade below 2589.9, then use 2589.9 as stoploss and 2335.6 as target. However if you take a buy trade in stock , then use 2589.9 as stoploss and 2801.72 as target.

Share price targets for Asian Paints (ASIANPAINT)

Target Type Value
Downside Target 2451.10
Upside Target 2598.75
Upside Target 2762.40
Upside Target 2842.00
Upside Target 2919.00
Upside Target 3006.00
Upside Target 3028.00
Upside Target 3098.00
Upside Target 3139.60
Upside Target 3203.65
Upside Target 3328.95
Upside Target 3394.90

Intraday share price targets for Asian Paints (ASIANPAINT)

Target Type Value
Downside Intraday Target 2463
Downside Intraday Target 2442.3
Upside Intraday Target 2512.2
Upside Intraday Target 2540.7
Upside Intraday Target 2491.5

Weekly technical analysis of Asian Paints (ASIANPAINT)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 2483.70 2520.00 2520.00 2470.80 0.123 times
14 Thu Nov 2024 2483.15 2565.05 2598.75 2451.10 2.165 times
08 Fri Nov 2024 2769.45 2962.15 2962.15 2762.40 3.615 times
01 Fri Nov 2024 2939.85 3006.00 3006.00 2919.00 1.013 times
30 Wed Oct 2024 2996.65 2987.90 3028.00 2941.10 0.538 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
19 Tue Nov 2024 2483.70 2958.00 2965.75 2451.10 1.16 times
31 Thu Oct 2024 2935.65 3317.00 3328.95 2919.00 0.845 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 5, 46, 81 Sell
MACD -277, -227Sell
Stochastics 7Sell
CCI -59Sell
RSI 27Sell
OBV -18390090Sell
VWAP 2596Sell
ADL 0Sell
ROC -15Sell
Force Index 0Sell

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 losing momentum.

MACD generated a SELL signal for Asian Paints in short term and the sell signal is strong.

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 in or above 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 2595.64 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.

Click here for Asian Paints charts

Click here for further forecast and predictions for tomorrow

Learn then Earn
Back to top | Use Dark Theme