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, 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 is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Asian Paints 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, then use 2535.5 as stoploss and 2747.83 as target.

ASIANPAINT Asian Paints is falling or rising NEWS fundamental reasons

Asian Paints, Britannia among 5 stocks with short covering Short covering occurs when traders buy back shares, reducing open interest and boosting stock prices. Five stocks saw short covering on Tuesday, including Britannia, Metropolis Healthcare, and Asian Paints - NEWS as on 2024-11-19 indiatimes.com

Company Announcement Asian Paints Limited has informed the Exchange about Transcript - NEWS as on 2024-11-18

Company Announcement - NEWS as on 2024-11-18

Company Announcement Asian Paints Limited has informed the Exchange about Schedule of meet - NEWS as on 2024-11-18

Asian Paints, Adani Enterprises among 5 stocks with short covering In Monday's trading session, five stocks saw short covering - NEWS as on 2024-11-18 indiatimes.com

ASIANPAINT announced a dividend of Rupees 4.25 per share, which makes a dividend yield of 0.17 based on current price. Effective date of this dividend is 19 Tue Nov 2024 - NEWS as on 2024-11-13 MunafaSutra.com

Breakdown Stocks: How to trade Asian Paints, Tata Technologies & Vodafone Idea which hit fresh 52-week low? Indian markets declined for the second consecutive day, with the Sensex falling nearly 1000 points and Nifty closing below 23,600. Sectoral losses were seen in power, metals, auto, and real estate, while stocks like Tata Technologies and Vodafone Idea hit - NEWS as on 2024-11-13 indiatimes.com

Company Announcement Asian Paints Limited has informed the Exchange about Investor Presentation - NEWS as on 2024-11-12

Company Announcement Asian Paints Limited has informed the Exchange about Link of recordings - NEWS as on 2024-11-12

Rising competition, price hikes & declining volumes? Amit Syngle on what Asian Paints will do going ahead Asian Paints faced a challenging second quarter with muted demand due to uneven rainfall and a slowdown in metro cities. Despite price hikes, competitive intensity remains high. The company is cautiously optimistic about single-digit volume growth in the c - NEWS as on 2024-11-12 indiatimes.com

Asian Paints loses lustre for investors, too Asian Paints shares closed at ₹2,542.65 - the lowest closing since April 30, 2021, with concerns over profitability amid rising competition in the sector causing investors to make a dash for the exit door. - NEWS as on 2024-11-12 indiatimes.com

Gainers & Losers: PFC, Asian Paints among 6 stocks in action on Monday Equity benchmarks struggled as foreign fund outflows, weak earnings, and sluggish Asian markets weighed on investor sentiment. Key movers included Biocon (+8.6%), ITI (+7.8%), and PFC (+7.15%). - NEWS as on 2024-11-11 indiatimes.com

Asian Paints Q2 Net falls 42% on subdued demand Asian Paints Q2 net profit fell 42.4% YoY to ₹694.6 crore, citing subdued demand, extended rains, and floods. - NEWS as on 2024-11-10 indiatimes.com

Asian Paints Q2 Results: Cons PAT slips 42% YoY to Rs 695 crore amid subdued demand Asian Paints Q2 Results: Asian Paints reported a profit below the ET Now poll estimate of Rs 1,079 crore. In Q2, the company saw a 5.3% decline in consolidated net sales, down to Rs 8,003 crore from Rs 8,451.9 crore in the same quarter of FY24. An interim - NEWS as on 2024-11-09 indiatimes.com

Asian Paints Q2 Preview: Weak demand to drag revenue, profit lower Revenue from operations in the second quarter is expected to decline slightly by 0.2% year-on-year, based on an average of four brokerage estimates. Net profit is projected to decrease by 7% year-on-year, with operating margins and profit also likely to fa - NEWS as on 2024-11-08 indiatimes.com

More announcements and NEWS

ASIANPAINT Asian Paints Limited current price & indicator signals

Moving Averages for Asian Paints Limited

  • 5Day Average: 2479.18
  • 12Day Average: 2682.59
  • 20Day Average: 2802.23
  • 50Day Average: 3041.02
  • 100Day Average: 3045.24
  • 150Day Average: 2990.52
  • 200Day Average: 2964.55

ASIANPAINT Indicators & signals

Indicator MACD (12,26,9)

2643.35, 2804.14, -124.26
Indicator MACD is in negative zone

Indicator ADX (14)

75.18, 6.23, 43.96
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 31
Indicator RSI is indicating selling pressure and stock might fall.

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

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