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(AsianPaints) Asian Paints complete technical analysis [charts+indicators] | Buy/Sell Asian Paints | (AsianPaints) share price targets

Complete technical analysis of Asian Paints (AsianPaints) by charts plus indicators, forecast predictions and share price targets for Asian Paints (AsianPaints)

10 day averaged volume of Asian Paints is 64489

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 2877.05 2850.50 2910.95 2850.50 0.387 times
29 Mon Apr 2024 2868.10 2840.00 2873.80 2837.15 0.827 times
26 Fri Apr 2024 2844.60 2855.45 2877.15 2837.00 0.978 times
25 Thu Apr 2024 2861.55 2860.35 2868.85 2829.65 1.064 times
24 Wed Apr 2024 2867.30 2885.95 2885.95 2859.80 0.733 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2889 as stoploss in an intra day sell trade for a target of 2862.67. However, stock will show a bullish move above 2889.

Share price targets for Asian Paints (AsianPaints)

Target Type Value
Downside Target 2766.05
Upside Target 2910.95
Upside Target 2915.95
Upside Target 2942.35
Upside Target 2943.50
Upside Target 3038.75
Upside Target 3139.15
Upside Target 3408.40
Upside Target 3422.00

Intraday share price targets for Asian Paints (AsianPaints)

Target Type Value
Downside Intraday Target 2839.15
Downside Intraday Target 2801.25
Upside Intraday Target 2912.95
Upside Intraday Target 2948.85
Downside Intraday Target 2875.05

Weekly technical analysis of Asian Paints (AsianPaints)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 2877.05 2840.00 2910.95 2837.15 0.319 times
26 Fri Apr 2024 2844.60 2849.55 2885.95 2816.00 0.577 times
19 Fri Apr 2024 2808.45 2798.00 2858.00 2766.05 1.494 times
12 Fri Apr 2024 2855.65 2910.95 2915.95 2845.00 0.919 times
05 Fri Apr 2024 2884.65 2855.70 2942.35 2847.05 1.307 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 (AsianPaints)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 2877.05 2855.70 2942.35 2766.05 0.889 times
28 Thu Mar 2024 2846.00 2826.15 2899.75 2777.80 0.911 times
29 Thu Feb 2024 2825.40 2960.00 3038.75 2777.00 0.867 times
31 Wed Jan 2024 2958.00 3386.30 3408.40 2943.50 1.86 times

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 (AsianPaints)

Indicator Name Indicator Value Indicator Signal
ADX 23, 20, 7 Buy
MACD -21, -28Buy
Stochastics 74Buy
CCI 109Buy
RSI 54Buy
OBV -408768Sell
VWAP 2840Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Asian Paints ( (AsianPaints) ) 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 ( (AsianPaints) ) 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 ( (AsianPaints) ) based on a short to mid term time period is

Price action analysis of Asian Paints ( (AsianPaints) ) 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Asian Paints in short term but the buy signal is initial and weak.

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 red color and prices are in or above the red 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 negative zone. This is the SELL 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 2839.9 and Asian Paints (AsianPaints) 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 (AsianPaints) stock. Volume based technical analysis of Asian Paints (AsianPaints) 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.

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Click here for further forecast and predictions for tomorrow

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