Homepage Active Options Active Stocks

Stock analysis Asian Paints Limited ASIANPAINT

More indepth analysis on MunafaSutra.com

Moving Averages for Asian Paints Limited

  • 5Day Average: 2279.96
  • 12Day Average: 2338.62
  • 20Day Average: 2380.68
  • 50Day Average: 2613.05
  • 100Day Average: 2894.87
  • 150Day Average: 2910.66
  • 200Day Average: 2897.38

ASIANPAINT Indicators & signals

Indicator MACD (12,26,9)

2330.47, 2421.87, -94.74
Indicator MACD is in negative zone

Indicator ADX (14)

73.82, 5.73, 38.05
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 46
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ASIANPAINT Asian Paints Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Thu Dec 2024 2262.40 2256.50 to 2287.45 -0.95% 1.04 times
24 Tue Dec 2024 2284.00 2277.15 to 2295.00 0.21% 0.49 times
23 Mon Dec 2024 2279.20 2266.05 to 2302.55 -0.14% 0.7 times
20 Fri Dec 2024 2282.35 2276.00 to 2318.00 -0.41% 1.41 times
19 Thu Dec 2024 2291.85 2265.35 to 2325.00 -2.29% 2.29 times
18 Wed Dec 2024 2345.45 2341.00 to 2372.70 0% 0.7 times
18 Wed Dec 2024 2345.45 2341.00 to 2372.70 -0.45% 0.7 times
17 Tue Dec 2024 2356.00 2350.50 to 2399.90 -1.93% 1.03 times
16 Mon Dec 2024 2402.25 2386.15 to 2419.95 -0.22% 0.81 times
13 Fri Dec 2024 2407.65 2354.00 to 2412.00 0.76% 0.95 times
12 Thu Dec 2024 2389.55 2380.70 to 2415.00 -1.15% 0.9 times
11 Wed Dec 2024 2417.30 2392.65 to 2428.00 1.19% 1.1 times

Technical analysis forecast for Asian Paints Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Asian Paints Limited ASIANPAINT at this time. Stock is falling and might fall more.

It appears as if Asian Paints Limited ASIANPAINT gave a large move recently.

Stock of Asian Paints Limited (ASIANPAINT) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Asian Paints Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Asian Paints Limited stays below 2310.9, but if it comes above 2310.9, then a intra day buy could be more profitable.
If you take a sell trade below 2310.9, then use 2310.9 as stoploss and 2226.8 as target. However if you take a buy trade in Asian Paints Limited, then use 2310.9 as stoploss and 2380.94 as target.

More indepth analysis on MunafaSutra.com