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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
13 Tue Apr 2570.70 2600.00 2626.00 2564.30 12 lakhs
12 Mon Apr 2602.20 2578.20 2610.00 2555.00 14.28 lakhs
09 Fri Apr 2630.80 2635.00 2655.00 2610.15 11.85 lakhs
08 Thu Apr 2650.65 2630.00 2658.40 2628.00 8.97 lakhs
07 Wed Apr 2628.60 2605.00 2668.05 2600.10 19.38 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 2596.9 as stoploss in an intra day sell trade for a target of 2505.92. However, stock will show a bullish move above 2596.9.

  • 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Intraday technical analysis of Asian Paints

Stock is trading at 2570.70 as on 13 Tue Apr 15:34

Day open is at 2600.00, day high is at 2626.00, day low is at 2564.30, and day volume is at 566.35 lakhs so far.

First 15 minute high low range is 2580.00 - 2611.50

First hour high low range is 2577.00 - 2626.00

Date Intraday Price Open High Low Volume
13 Tue Apr 15:34 2570.70 2600.00 2626.00 2564.30 1200047
13 Tue Apr 15:30 2574.50 2600.00 2626.00 2564.30 1200047
13 Tue Apr 15:25 2574.30 2600.00 2626.00 2564.30 1183046
13 Tue Apr 15:20 2572.25 2600.00 2626.00 2564.30 1156438
13 Tue Apr 15:15 2570.30 2600.00 2626.00 2564.30 1131868
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: 2595.75 or 2581.325
  • Upside target: 2611.5
  • Downside target : 2548.5
  • Second Upside target: 2598.35
  • Second Downside target : 2536.65

Asian Paints (ASIANPAINT) weekly technical analysis

Date Weekly Close Open Range Volume
13 Tue Apr 2570.70 2578.20 2555.00
2626.00
26.279 lakhs
09 Fri Apr 2630.80 2558.00 2484.50
2668.05
86.623 lakhs
01 Thu Apr 2551.75 2539.10 2521.50
2583.45
51.69 lakhs
26 Fri Mar 2505.15 2390.00 2390.00
2513.95
127.246 lakhs
19 Fri Mar 2411.25 2402.55 2343.05
2480.00
111.163 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Asian Paints (ASIANPAINT) Monthly technical analysis

Date Monthly Close Open Range Volume
13 Tue Apr 2570.70 2532.00 2484.50
2668.05
125.098 lakhs
31 Wed Mar 2537.40 2300.00 2300.00
2583.45
437.945 lakhs
26 Fri Feb 2277.20 2426.60 2260.00
2555.00
584.878 lakhs
29 Fri Jan 2407.35 2759.00 2400.00
2873.45
531.646 lakhs
31 Thu Dec 2764.50 2275.00 2206.20
2772.00
455.129 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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: 2682.3
  • Downside daily target: 2553.21

Asian Paints Weekly stock price targets

  • Upside weekly target: 2741.2
  • Upside weekly target: 2598.58
  • Downside weekly target: 2466.98
  • Downside weekly target: 2343.55
  • Downside weekly target: 2174.6

Asian Paints Monthly stock price targets

  • Upside monthly target: 3051.15
  • Upside monthly target: 2711.15
  • Downside monthly target: 2527.6
  • Downside monthly target: 2352.58
  • Downside monthly target: 2207.61
  • Downside monthly target: 2101.78
  • Downside monthly target: 1947.08
  • Downside monthly target: 1827.85
  • Downside monthly target: 1736.48

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 Weak and stock is gaining momentum.

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

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. Bulls are getting tired and bears 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 but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 2589.06 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