BullFO

2022 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
24 Mon Jan 3155.15 3268.00 3270.00 3135.00 15.76 lakhs
21 Fri Jan 3274.85 3300.05 3324.95 3241.75 14.42 lakhs
20 Thu Jan 3306.40 3282.00 3364.90 3222.00 30.76 lakhs
19 Wed Jan 3280.40 3370.00 3370.00 3267.75 14.95 lakhs
18 Tue Jan 3373.70 3379.05 3396.45 3351.00 5.59 lakhs
ASIANPAINT chart

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 3172.8, for a target of 3302.4 or 3410.48

  • 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

  • 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 3076.00 as on 25 Tue Jan 11:10

Day open is at 3100.00, day high is at 3123.20, day low is at 3010.75, and day volume is at 198.36 lakhs so far.

First 15 minute high low range is 3010.75 - 3110.00

First hour high low range is 3010.75 - 3123.20

Date Intraday Price Open High Low Volume
25 Tue Jan 11:10 3076.00 3100.00 3123.20 3010.75 1247364
25 Tue Jan 11:05 3074.55 3100.00 3123.20 3010.75 1224265
25 Tue Jan 11:00 3068.60 3100.00 3123.20 3010.75 1206463
25 Tue Jan 10:55 3071.00 3100.00 3123.20 3010.75 1185715
25 Tue Jan 10:50 3067.00 3100.00 3123.20 3010.75 1165228
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: 3060.38 or 3173.7875
  • Upside target: 3110
  • Downside target : 2911.5
  • Second Upside target: 3212.58
  • Second Downside target : 3077.58

Asian Paints (ASIANPAINT) weekly technical analysis

Date Weekly Close Open Range Volume
24 Mon Jan 3155.15 3268.00 3135.00
3270.00
15.757 lakhs
21 Fri Jan 3274.85 3364.40 3222.00
3399.00
76.743 lakhs
14 Fri Jan 3364.40 3580.00 3346.00
3590.00
46.994 lakhs
07 Fri Jan 3576.30 3383.00 3383.00
3582.00
47.888 lakhs
31 Fri Dec 3382.95 3280.10 3226.20
3405.00
37.127 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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
24 Mon Jan 3155.15 3383.00 3135.00
3590.00
187.381 lakhs
31 Fri Dec 3382.95 3155.90 3016.45
3405.00
242.341 lakhs
30 Tue Nov 3143.65 3128.00 3052.00
3308.35
217.289 lakhs
29 Fri Oct 3100.10 3248.00 2857.25
3358.90
320.851 lakhs
30 Thu Sep 3244.65 3230.05 3215.00
3505.00
220.009 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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: 3563.13
  • Upside daily target: 3385.08
  • Upside daily target: 3222.95

Asian Paints Weekly stock price targets

  • Upside weekly target: 3678.65
  • Upside weekly target: 3483.38
  • Upside weekly target: 3304.58
  • Downside weekly target: 3113.5

Asian Paints Monthly stock price targets

  • Upside monthly target: 3588.25
  • Upside monthly target: 3372.58
  • Upside monthly target: 3203.09
  • Downside monthly target: 3043.38
  • Downside monthly target: 2865.75
  • Downside monthly target: 2727.85
  • Downside monthly target: 2510.45

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 gaining 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 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 3334.22 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.

Related companies

Quick Charts: Daily Charts Long term Charts Weekly Charts Monthly Charts Renko Charts PNF Charts

chart ASIANPAINT