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ASIANPAINT NEWS why is Asian Paints Limited price falling or rising

ASIANPAINT NEWS reasons for why stock price of Asian Paints Limited is falling or rising

ASIANPAINT Asian Paints is falling or rising technical reasons

Technical analysis forecast for Asian Paints 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 ASIANPAINT at this time. Stock is falling and might fall more.

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

Stock of Asian Paints (ASIANPAINT) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Asian Paints is bearish for shortterm, and stock might move down till 2784.7 or till 2740.8. Use a stoploss of 2821.3 and if the stock hits stoploss, then it can shoot up till 2857.91

ASIANPAINT Asian Paints is falling or rising NEWS fundamental reasons

Jefferies sees 10% downside for Asian Paints. Here#39;s why The company will see better margin trends in Q4 as high-cost inventory gets exhausted. Jefferies estimates gross margins to inch up to >40 percent in the next quarter - NEWS as on 2023-03-23 moneycontrol.com

Company Announcement - NEWS as on 2023-03-20

Company Announcement Asian Paints Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2023-03-16

Company Announcement Asian Paints Limited has informed the Exchange regarding 'This is with reference to our earlier letter nos. APL/SEC/32/2022-23/45, APL/SEC/32/2022-23/54 and APL/SEC/32/2022-23/65 dated 20th October, 2022, 16th November, 2022, and 12th January, - NEWS as on 2023-02-21

Company Announcement Asian Paints Limited has informed the Exchange regarding 'This is with reference to our letter no. APL/SEC/32/2022-23/72 dated 10th February, 2023, - NEWS as on 2023-02-15

More announcements and NEWS

ASIANPAINT Asian Paints Limited current price & indicator signals

Moving Averages for Asian Paints Limited

  • 5Day Average: 2815.8
  • 12Day Average: 2823.12
  • 20Day Average: 2826.87
  • 50Day Average: 2809.42
  • 100Day Average: 2951.96
  • 150Day Average: 3072.74
  • 200Day Average: 3057.75

ASIANPAINT Indicators & signals

Indicator MACD (12,26,9)

2821.51, 2822.77, 1.12
Indicator MACD is in negative zone

Indicator ADX (14)

8.3, 18.09, 21.36
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
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
27 Mon Mar 2023 2803.75 2786.50 to 2820.00 0.19% 0.66 times
24 Fri Mar 2023 2798.50 2772.85 to 2815.65 0.03% 0.66 times
23 Thu Mar 2023 2797.80 2767.75 to 2823.00 -1.48% 0.85 times
22 Wed Mar 2023 2839.85 2814.85 to 2853.15 0.03% 0.61 times
21 Tue Mar 2023 2839.10 2835.00 to 2887.00 -0.56% 0.58 times
20 Mon Mar 2023 2855.15 2831.05 to 2915.00 -0.26% 0.9 times
17 Fri Mar 2023 2862.65 2855.05 to 2923.95 -1.06% 1.55 times
16 Thu Mar 2023 2893.25 2828.70 to 2900.00 2.33% 1.47 times
15 Wed Mar 2023 2827.40 2765.20 to 2866.35 2.98% 1.82 times
14 Tue Mar 2023 2745.60 2740.05 to 2786.95 -1.39% 0.89 times
13 Mon Mar 2023 2784.20 2772.20 to 2849.45 -1.63% 0.68 times
10 Fri Mar 2023 2830.20 2807.00 to 2844.00 -0.82% 0.41 times

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