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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)

Showing technical analysis as on 2024-03-15 View latest technical analysis

10 day averaged volume of Asian Paints is 66337

Date Daily Closing Price Open High Low Volume
15 Fri Mar 2024 2867.80 2892.55 2896.00 2850.85 2.247 times
14 Thu Mar 2024 2892.55 2857.05 2897.85 2800.45 0.774 times
13 Wed Mar 2024 2857.70 2897.75 2897.75 2837.90 0.9 times
12 Tue Mar 2024 2875.55 2878.00 2898.95 2866.05 1.058 times
11 Mon Mar 2024 2877.15 2899.75 2899.75 2854.75 0.444 times
07 Thu Mar 2024 2870.10 2827.60 2894.00 2826.45 1.743 times
06 Wed Mar 2024 2827.60 2810.85 2840.00 2777.80 0.631 times
05 Tue Mar 2024 2820.10 2831.75 2831.75 2805.55 1.493 times
04 Mon Mar 2024 2831.75 2864.75 2864.75 2828.00 0.686 times
02 Sat Mar 2024 2849.55 2820.30 2860.00 2820.30 0.253 times

Stock of Asian Paints (AsianPaints) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 2818.1 or till 2734. Use a stoploss of 2888.23 and if the stock hits stoploss, then it can shoot up till 2958.34

Share price targets for Asian Paints (AsianPaints)

Target Type Value
Downside Target 2777.00
Upside Target 2894.00
Upside Target 2943.50
Upside Target 2955.00
Upside Target 3026.90
Upside Target 3038.75
Upside Target 3139.15
Upside Target 3228.00
Upside Target 3408.40
Upside Target 3422.00

Intraday share price targets for Asian Paints (AsianPaints)

Target Type Value
Downside Intraday Target 2812.25
Downside Intraday Target 2756.7
Upside Intraday Target 2911.55
Upside Intraday Target 2955.3
Downside Intraday Target 2856

Weekly technical analysis of Asian Paints (AsianPaints)

Date Weekly Closing Price Open High Low Volume
15 Fri Mar 2024 2867.80 2899.75 2899.75 2800.45 1.191 times
07 Thu Mar 2024 2870.10 2864.75 2894.00 2777.80 0.463 times
02 Sat Mar 2024 2849.55 2955.00 2955.00 2777.00 1.731 times
23 Fri Feb 2024 2984.80 3014.85 3026.90 2934.70 1.49 times
16 Fri Feb 2024 3007.70 2971.85 3038.75 2920.00 0.657 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 (AsianPaints)

Date Monthly Closing Price Open High Low Volume
15 Fri Mar 2024 2867.80 2826.15 2899.75 2777.80 0.491 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
29 Fri Dec 2023 3402.10 3141.00 3422.00 3139.15 1.479 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 (AsianPaints)

Price action analysis of Asian Paints ( (AsianPaints) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 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 tired and bears 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 buy signal for Asian Paints in short term and BUY 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 2858.07 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 negative.

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

Price action analysis of Asian Paints ( (AsianPaints) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 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 tired and bears 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 buy signal for Asian Paints in short term and BUY 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 2858.07 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 negative.

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

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