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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
15 Fri Jan 2590.90 2660.90 2661.85 2580.55 25.7 lakhs
14 Thu Jan 2663.90 2713.00 2736.65 2648.00 21.25 lakhs
13 Wed Jan 2703.70 2760.00 2763.00 2678.00 28.63 lakhs
12 Tue Jan 2720.55 2849.60 2850.00 2712.15 66.75 lakhs
11 Mon Jan 2849.30 2845.00 2873.45 2824.60 15.18 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 2626.3, but if it comes above 2626.3, then a intra day buy could be more profitable.
If you take a sell trade below 2626.3, then use 2626.3 as stoploss and 2524.6 as target. However if you take a buy trade in stock , then use 2626.3 as stoploss and 2711.06 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 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 2590.90 as on 15 Fri Jan 15:33

Day open is at 2660.90, day high is at 2661.85, day low is at 2580.55, and day volume is at 980.63 lakhs so far.

First 15 minute high low range is 2621.65 - 2661.85

First hour high low range is 2615.25 - 2661.85

Date Intraday Price Open High Low Volume
15 Fri Jan 15:33 2590.90 2660.90 2661.85 2580.55 2567508
15 Fri Jan 15:30 2585.70 2660.90 2661.85 2580.55 2567508
15 Fri Jan 15:25 2589.70 2660.90 2661.85 2587.30 2490948
15 Fri Jan 15:20 2593.70 2660.90 2661.85 2589.00 2383797
15 Fri Jan 15:15 2592.00 2660.90 2661.85 2589.00 2291432
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: 2641.75 or 2603.4625
  • Upside target: 2661.85
  • Downside target : 2581.45
  • Second Upside target: 2626.38
  • Second Downside target : 2545.08

Asian Paints (ASIANPAINT) weekly technical analysis

Date Weekly Close Open Range Volume
15 Fri Jan 2590.90 2845.00 2580.55
2873.45
157.509 lakhs
08 Fri Jan 2844.70 2781.10 2732.00
2849.80
71.617 lakhs
01 Fri Jan 2775.55 2654.25 2629.55
2792.00
71.768 lakhs
24 Thu Dec 2648.25 2595.45 2496.20
2658.00
58.586 lakhs
18 Fri Dec 2601.50 2530.00 2502.50
2636.00
106.378 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
15 Fri Jan 2590.90 2759.00 2580.55
2873.45
241.594 lakhs
31 Thu Dec 2764.50 2275.00 2206.20
2772.00
455.129 lakhs
27 Fri Nov 2215.30 2198.00 2117.15
2249.00
494.089 lakhs
30 Fri Oct 2211.50 2007.00 1992.05
2242.85
542.17 lakhs
30 Wed Sep 1986.40 1925.00 1907.75
2069.95
532.038 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: 2885.8
  • Upside daily target: 2733.35
  • Downside daily target: 2545.08

Asian Paints Weekly stock price targets

  • Upside weekly target: 2906.15
  • Upside weekly target: 2747.28
  • Upside weekly target: 2615.11
  • Downside weekly target: 2474.45
  • Downside weekly target: 2322.48
  • Downside weekly target: 2205.41

Asian Paints Monthly stock price targets

  • Upside monthly target: 3051.15
  • Upside monthly target: 2732.18
  • Downside monthly target: 2485.35
  • Downside monthly target: 2352.58
  • Downside monthly target: 2207.61
  • Downside monthly target: 2101.78
  • Downside monthly target: 1984.73
  • Downside monthly target: 1827.85
  • Downside monthly target: 1736.48
  • Downside monthly target: 1637.98
  • Downside monthly target: 1514.35

Asian Paints (ASIANPAINT) indicators technical analysis

Price action analysis of Asian Paints (ASIANPAINT) 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

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 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 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 2732.16 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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chart ASIANPAINT