Stock analysis Asian Paints Limited ASIANPAINT
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Recent prices of ASIANPAINT Asian Paints Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
19 Tue Nov 2024 | 2483.70 | 2472.35 to 2503.20 | 0% | 0.4 times |
18 Mon Nov 2024 | 2483.70 | 2470.80 to 2520.00 | 0.02% | 0.41 times |
14 Thu Nov 2024 | 2483.15 | 2466.20 to 2501.75 | 0.51% | 0.52 times |
13 Wed Nov 2024 | 2470.50 | 2451.10 to 2498.00 | -0.18% | 0.77 times |
12 Tue Nov 2024 | 2474.85 | 2470.00 to 2535.00 | -2.68% | 1.48 times |
11 Mon Nov 2024 | 2543.10 | 2506.00 to 2598.75 | -8.17% | 3.8 times |
08 Fri Nov 2024 | 2769.45 | 2762.40 to 2847.00 | -2.58% | 0.88 times |
07 Thu Nov 2024 | 2842.85 | 2825.00 to 2904.95 | -1.88% | 0.48 times |
06 Wed Nov 2024 | 2897.30 | 2860.00 to 2907.85 | 0.35% | 0.78 times |
05 Tue Nov 2024 | 2887.30 | 2872.70 to 2918.80 | -0.96% | 0.4 times |
04 Mon Nov 2024 | 2915.30 | 2885.50 to 2962.15 | -0.84% | 0.49 times |
01 Fri Nov 2024 | 2939.85 | 2930.00 to 2965.75 | 0.14% | 0.05 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 2535.5, but if it comes above 2535.5, then a intra day buy could be more profitable.
If you take a sell trade below 2535.5, then use 2535.5 as stoploss and 2280.7 as target. However if you take a buy trade in Asian Paints Limited, then use 2535.5 as stoploss and 2747.83 as target.