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2021 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
23 Fri Jul 3083.75 3106.00 3129.60 3078.05 8.15 lakhs
22 Thu Jul 3106.75 3130.00 3165.00 3090.00 19.83 lakhs
20 Tue Jul 3159.05 2996.00 3179.50 2979.55 67.56 lakhs
19 Mon Jul 2981.95 2989.30 2999.70 2965.00 8.38 lakhs
16 Fri Jul 2989.30 2994.00 3006.00 2965.00 10.63 lakhs
ASIANPAINT chart

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3064.9, but if it comes below 3064.9, then a intra day sell could be more profitable.
If you take a sell trade below 3064.9, then use 3064.9 as stoploss and 3020.18 as target. However if you take a buy trade in stock , then use 3064.9 as stoploss and 3118.5 as target.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of ASIANPAINT 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.

  • 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 3083.75 as on 23 Fri Jul 15:34

Day open is at 3106.00, day high is at 3129.60, day low is at 3078.05, and day volume is at 365.35 lakhs so far.

First 15 minute high low range is 3105.10 - 3127.65

First hour high low range is 3097.15 - 3129.60

Date Intraday Price Open High Low Volume
23 Fri Jul 15:34 3083.75 3106.00 3129.60 3078.05 815207
23 Fri Jul 15:30 3085.15 3106.00 3129.60 3078.05 815207
23 Fri Jul 15:25 3082.15 3106.00 3129.60 3078.05 793866
23 Fri Jul 15:20 3083.60 3106.00 3129.60 3078.05 773571
23 Fri Jul 15:15 3083.35 3106.00 3129.60 3078.05 754911
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: 3116.38 or 3092.3625
  • Upside target: 3127.65
  • Downside target : 3082.55
  • Second Upside target: 3106.68
  • Second Downside target : 3055.13

Asian Paints (ASIANPAINT) weekly technical analysis

Date Weekly Close Open Range Volume
23 Fri Jul 3083.75 2989.30 2965.00
3179.50
103.917 lakhs
16 Fri Jul 2989.30 3034.90 2965.00
3042.85
36.379 lakhs
09 Fri Jul 3010.60 3020.00 2996.00
3069.00
43.153 lakhs
02 Fri Jul 3005.00 3024.00 2973.05
3038.85
47.127 lakhs
25 Fri Jun 3003.90 3024.20 2975.45
3092.85
47.013 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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
23 Fri Jul 3083.75 3008.00 2965.00
3179.50
199.986 lakhs
30 Wed Jun 2992.70 2965.00 2877.15
3092.85
267.605 lakhs
31 Mon May 2977.50 2510.00 2505.60
2989.95
388.08 lakhs
30 Fri Apr 2536.40 2532.00 2484.50
2693.50
285.432 lakhs
31 Wed Mar 2537.40 2300.00 2300.00
2583.45
437.945 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 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: 3269.25
  • Upside daily target: 3112.94
  • Downside daily target: 2957.4

Asian Paints Weekly stock price targets

  • Upside weekly target: 3238.88
  • Downside weekly target: 3048.38
  • Downside weekly target: 2896.48

Asian Paints Monthly stock price targets

  • Upside monthly target: 3238.88
  • Downside monthly target: 3051.15
  • Downside monthly target: 2865.75
  • Downside monthly target: 2719.45
  • Downside monthly target: 2520.2
  • Downside monthly target: 2352.58
  • Downside monthly target: 2207.61
  • Downside monthly target: 2101.78

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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 coming down

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

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

MRSI is in negative zone. This is the SELL 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 3090.52 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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chart ASIANPAINT