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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
03 Fri Jul 1695.65 1695.40 1720.00 1690.00 19.89 lakhs
02 Thu Jul 1686.45 1700.00 1704.00 1660.10 20.38 lakhs
01 Wed Jul 1688.00 1698.00 1698.00 1680.05 16.61 lakhs
30 Tue Jun 1687.45 1708.90 1718.00 1681.65 19.61 lakhs
29 Mon Jun 1691.95 1687.00 1708.45 1674.05 27.53 lakhs
ASIANPAINT chart

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 1695.7 as stoploss in an intra day sell trade for a target of 1656.22. However, stock will show a bullish move above 1695.7.

  • Daily Price action analysis of ASIANPAINT 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.

  • Daily Price action analysis of ASIANPAINT based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

  • Daily Price action analysis of ASIANPAINT based on a 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.

Intraday technical analysis of Asian Paints

Stock is trading at 1695.65 as on 03 Fri Jul 15:33

Day open is at 1695.40, day high is at 1720.00, day low is at 1690.00, and day volume is at 933.66 lakhs so far.

First 15 minute high low range is 1693.00 - 1704.65

First hour high low range is 1693.00 - 1720.00

Date Intraday Price Open High Low Volume
03 Fri Jul 15:33 1695.65 1695.40 1720.00 1690.00 1988580
03 Fri Jul 15:30 1696.65 1695.40 1720.00 1690.00 1988580
03 Fri Jul 15:25 1695.25 1695.40 1720.00 1690.00 1973145
03 Fri Jul 15:20 1696.40 1695.40 1720.00 1690.00 1921623
03 Fri Jul 15:15 1696.60 1695.40 1720.00 1690.00 1872561
Intraday ASIANPAINT chart

Trend of Asian Paints is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Asian Paints (ASIANPAINT) intraday stock price targets

  • EntEntry: 1698.83 or 1706.4125
  • Upside target: 1704.65
  • Downside target : 1681.35
  • Second Upside target: 1722.83
  • Second Downside target : 1692.83

Asian Paints (ASIANPAINT) weekly technical analysis

Date Weekly Close Open Range Volume
03 Fri Jul 1695.65 1687.00 1660.10
1720.00
104.029 lakhs
26 Fri Jun 1686.75 1633.00 1624.00
1813.75
221.008 lakhs
19 Fri Jun 1622.50 1629.00 1587.30
1650.65
91.234 lakhs
12 Fri Jun 1637.35 1657.00 1577.50
1695.00
120.678 lakhs
05 Fri Jun 1638.55 1706.50 1621.00
1744.00
153.319 lakhs
weekly ASIANPAINT chart

Weekly forecast of Asian Paints is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of Asian Paints based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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
03 Fri Jul 1695.65 1698.00 1660.10
1720.00
56.886 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
30 Thu Apr 1758.70 1650.05 1517.25
1864.00
419.336 lakhs
31 Tue Mar 1666.50 1815.10 1431.20
1915.90
607.11 lakhs
monthly ASIANPAINT chart

Monthly forecast of Asian Paints is positive. Buyers dominated the stock this month, and this trend might continue for a few days

Monthly Price action analysis of Asian Paints based on a short term time period is

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: 1845.38
  • Upside daily target: 1722.83
  • Downside daily target: 1638.08

Asian Paints Weekly stock price targets

  • Upside weekly target: 1845.13
  • Upside weekly target: 1742.58
  • Downside weekly target: 1656.14
  • Downside weekly target: 1575.98
  • Downside weekly target: 1486.98

Asian Paints Monthly stock price targets

  • Upside monthly target: 1984.73
  • Upside monthly target: 1881.05
  • Upside monthly target: 1791.2
  • Downside monthly target: 1687.63
  • Downside monthly target: 1603.78
  • 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Asian Paints stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Asian Paints Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 SELL signal in short term and selling is picking up 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 1707.22 and Asian Paints ASIANPAINT stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 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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