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2020 Asian Paints (ASIANPAINT) technical analysis [forecast] stock price targets

Asian Paints technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Asian Paints deals in Furniture-Furnishing-Paints Asian Paints option chain analysis

Date Close Open High Low Volume
25 Fri Sep 1925.60 1925.25 1955.00 1908.00 19.39 lakhs
24 Thu Sep 1918.35 1941.55 1945.00 1907.75 19.06 lakhs
23 Wed Sep 1946.55 1940.00 1990.00 1928.30 27.33 lakhs
22 Tue Sep 1937.50 1990.20 1995.70 1926.35 19.75 lakhs
21 Mon Sep 1972.55 2036.40 2057.00 1962.30 25.18 lakhs
ASIANPAINT chart

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1936.2, but if it comes above 1936.2, then a intra day buy could be more profitable.
If you take a sell trade below 1936.2, then use 1936.2 as stoploss and 1885.5 as target. However if you take a buy trade in stock , then use 1936.2 as stoploss and 1978.42 as target.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of ASIANPAINT based on a mid 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.

Intraday technical analysis of Asian Paints

Stock is trading at 1925.60 as on 25 Fri Sep 15:33

Day open is at 1925.25, day high is at 1955.00, day low is at 1908.00, and day volume is at 869.25 lakhs so far.

First 15 minute high low range is 1925.25 - 1942.45

First hour high low range is 1925.25 - 1953.90

Date Intraday Price Open High Low Volume
25 Fri Sep 15:33 1925.60 1925.25 1955.00 1908.00 1939177
25 Fri Sep 15:30 1924.70 1925.25 1955.00 1908.00 1939177
25 Fri Sep 15:25 1924.05 1925.25 1955.00 1908.00 1919485
25 Fri Sep 15:20 1925.20 1925.25 1955.00 1908.00 1888516
25 Fri Sep 15:15 1926.95 1925.25 1955.00 1908.00 1841067
Intraday ASIANPAINT chart

Prices of Asian Paints are definitely rising in intraday. Look for buy opportunities.

Take a trade after 9:30am only.

Asian Paints (ASIANPAINT) intraday stock price targets

  • EntEntry: 1933.85 or 1935.9
  • Upside target: 1942.45
  • Downside target : 1908.05
  • Second Upside target: 1963.8
  • Second Downside target : 1916.8

Asian Paints (ASIANPAINT) weekly technical analysis

Date Weekly Close Open Range Volume
25 Fri Sep 1925.60 2036.40 1907.75
2057.00
110.717 lakhs
18 Fri Sep 2028.40 2050.00 1994.15
2054.00
112.96 lakhs
11 Fri Sep 2035.95 1965.00 1948.10
2069.95
157.141 lakhs
04 Fri Sep 1956.35 1977.00 1881.25
1997.00
122.388 lakhs
28 Fri Aug 1958.10 1958.00 1940.00
2016.85
147.456 lakhs
weekly ASIANPAINT chart

Weekly forecast of Asian Paints is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Asian Paints 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.

Weekly Price action analysis of Asian Paints based on a short to mid 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.

Asian Paints (ASIANPAINT) Monthly technical analysis

Date Monthly Close Open Range Volume
25 Fri Sep 1925.60 1925.00 1907.75
2069.95
475.821 lakhs
31 Mon Aug 1899.10 1729.00 1697.50
2016.85
523.019 lakhs
31 Fri Jul 1715.50 1698.00 1645.10
1792.65
496.079 lakhs
30 Tue Jun 1687.45 1706.50 1577.50
1813.75
633.382 lakhs
29 Fri May 1683.10 1718.00 1482.95
1751.00
699.426 lakhs
monthly ASIANPAINT chart

Monthly forecast of Asian Paints is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Asian Paints 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.

Monthly Price action analysis of Asian Paints based on a short to mid 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.

Asian Paints Daily stock price targets

  • Upside daily target: 2051.05
  • Upside daily target: 1946.48

Asian Paints Weekly stock price targets

  • Upside weekly target: 2113.88
  • Upside weekly target: 1992.03
  • Downside weekly target: 1879.93
  • Downside weekly target: 1784.39
  • Downside weekly target: 1671.83

Asian Paints Monthly stock price targets

  • Upside monthly target: 2117.65
  • Upside monthly target: 1993.31
  • Downside monthly target: 1869.3
  • Downside monthly target: 1750.99
  • Downside monthly target: 1664.05
  • Downside monthly target: 1514.35
  • Downside monthly target: 1306.5

Asian Paints (ASIANPAINT) indicators technical analysis

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.

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 but the sell signal is initial and weak.

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 moving up

CCI has generated a buy signal for Asian Paints in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 1981.63 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 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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