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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 37979

Date Daily Closing Price Open High Low Volume
31 Fri Mar 2023 2761.65 2769.00 2774.00 2747.45 0.687 times
29 Wed Mar 2023 2769.00 2783.70 2793.10 2756.00 0.901 times
28 Tue Mar 2023 2783.70 2789.00 2810.00 2765.00 0.443 times
27 Mon Mar 2023 2802.90 2798.50 2818.40 2786.20 0.818 times
24 Fri Mar 2023 2798.70 2790.25 2815.75 2773.25 0.614 times
23 Thu Mar 2023 2797.40 2823.75 2823.75 2768.65 0.558 times
22 Wed Mar 2023 2839.75 2802.00 2854.15 2802.00 1.078 times
21 Tue Mar 2023 2837.65 2864.95 2886.15 2830.70 0.918 times
20 Mon Mar 2023 2855.85 2861.90 2886.10 2833.00 0.465 times
17 Fri Mar 2023 2861.90 2910.65 2920.00 2855.20 1.516 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2782.9, but if it comes above 2782.9, then a intra day buy could be more profitable.
If you take a sell trade below 2782.9, then use 2782.9 as stoploss and 2736.5 as target. However if you take a buy trade in stock , then use 2782.9 as stoploss and 2821.65 as target.

Share price targets for Asian Paints (AsianPaints)

Target Type Value
Downside Target 2686.15
Upside Target 2883.80
Upside Target 2886.15
Upside Target 2920.00
Upside Target 3018.00
Upside Target 3034.60
Upside Target 3091.90
Upside Target 3200.15
Upside Target 3242.75

Intraday share price targets for Asian Paints (AsianPaints)

Target Type Value
Downside Intraday Target 2733.27
Downside Intraday Target 2704.88
Upside Intraday Target 2804.22
Upside Intraday Target 2846.78
Upside Intraday Target 2775.83

Weekly technical analysis of Asian Paints (AsianPaints)

Date Weekly Closing Price Open High Low Volume
31 Fri Mar 2023 2761.65 2798.50 2818.40 2747.45 0.784 times
24 Fri Mar 2023 2798.70 2861.90 2886.15 2768.65 0.359 times
17 Fri Mar 2023 2861.90 2828.95 2920.00 2740.35 2.282 times
10 Fri Mar 2023 2829.55 2835.05 2883.80 2807.00 0.732 times
03 Fri Mar 2023 2828.20 2738.70 2853.90 2725.00 0.79 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
31 Fri Mar 2023 2761.65 2828.50 2920.00 2740.35 0.82 times
28 Tue Feb 2023 2829.50 2758.25 2851.90 2694.05 0.807 times
31 Tue Jan 2023 2726.60 3091.90 3091.90 2686.15 1.414 times
30 Fri Dec 2022 3091.80 3185.00 3242.75 3018.00 0.937 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 (AsianPaints)

Indicator Name Indicator Value Indicator Signal
ADX 14, 24, 26 Sell
MACD -29, -20Sell
Stochastics 9Sell
CCI -105Sell
RSI 55Buy
OBV -22825Sell
VWAP 2817Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Asian Paints ( (AsianPaints) ) 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 ( (AsianPaints) ) 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 ( (AsianPaints) ) 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 ( (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 gaining 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 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2816.98 and Asian Paints (AsianPaints) 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 (AsianPaints) stock. Volume based technical analysis of Asian Paints (AsianPaints) 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

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Daily charts

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Daily chart

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