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Technicals for Asian Paints Limited
By MusingTheNews
2025-07-16 20:23
Overall Technical outlook
Price Summary
Asian Paints Limited's stock, on 2025-07-15 opened at 2409.9, climbed to a high of 2415.0, dropped to a low of 2386.3, and closed up -0.68% at 2393.5, with 610161 shares traded. In the past year, the highest stock price was 3383.25, and the lowest was 2132.1. Analysts expect the price of ASIANPAINT to vary between 1909.0 and 2860.0, with an average expected price near 2283.7354.
Technicals
Support and Resistance: The price of 2393.5 is supported at 2340.65 and capped by resistance at 2467.9. These levels mark key points for Asian Paints Limited where the price could find stability, with 2340.65 as a floor and 2467.9 as a ceiling. Support/Resistance for ASIANPAINT
Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for ASIANPAINT. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Aroon chart for Asian Paints Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for Asian Paints Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for ASIANPAINT. Parabolic Stop and Reverse chart for Asian Paints Limited
Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Stochastic chart for Asian Paints Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Tripple SMA chart for Asian Paints Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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