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Technicals for Asian Paints Limited
By MusingTheNews
2025-06-12 20:23
Overall Technical outlook
Price Summary
On 2025-06-12, Asian Paints Limited's stock opened at 2224.0, reached 2263.0, hit a low of 2208.1, and rose -0.21% to close at 2219.4, with 3417158 shares traded. Over the course of 52 weeks, the stock peaked at 3383.25 and hit a low of 2132.1. The projected price range for Asian Paints Limited is between 1966.0 and 2860.0, with an expected mean price of 2288.6572, according to 35 analysts.
Technicals
Support and Resistance: The price of 2219.4 is supported at 2215.6 and capped by resistance at 2335.95. These levels mark key points for Asian Paints Limited where the price could find stability, with 2215.6 as a floor and 2335.95 as a ceiling. Support/Resistance for ASIANPAINT
Aroon: The AROON is currently in a neutral position for Asian Paints Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Aroon chart for Asian Paints Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for Asian Paints Limited
Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for Asian Paints Limited. Parabolic Stop and Reverse chart for Asian Paints Limited
Stochastic: As the Stochastic K-line falls below the D-line and stays under 20, it signals a mildly bearish trend. This positioning hints at potential weakness in the market, though the bearish sentiment is mild. Investors should monitor this trend closely for any further signs of a downturn. Stochastic chart for Asian Paints Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral for ASIANPAINT, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. 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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