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Technicals for Asian Paints Limited
By MusingTheNews
2025-12-15 20:23
Overall Technical outlook
Price Summary
Asian Paints Limited's stock began trading at 2773.1 on 2025-12-15, soared to 2802.0, dipped to 2758.7, and finished the day 0.26% up at 2780.2, with 1029308 shares exchanged. The highest price the stock achieved in the past 52 weeks is 2968.5, while the lowest price it saw is 2132.1. The projected price range for Asian Paints Limited is between 1967.0 and 3390.0, with an expected mean price of 2803.1714, according to 35 analysts.
Technicals
Support and Resistance: The current price is 2780.2, with support at 2570.2 and resistance at 2867.6. This range suggests that the price might move between these levels, with 2570.2 offering support and 2867.6 capping further gains for Asian Paints Limited. Support/Resistance for ASIANPAINT
Aroon: The current reading of the AROON is neutral for ASIANPAINT, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Aroon chart for Asian Paints Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for Asian Paints Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for ASIANPAINT. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Asian Paints Limited
Stochastic: The stochastic indicator shows the K-line rising above the D-line, yet staying below 20, which is generally seen as the start of a bullish move for Asian Paints Limited. This suggests that the market may be in the early stages of a recovery, possibly leading to an uptrend. Traders could consider this a sign to start buying. Stochastic chart for Asian Paints Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Tripple SMA chart for Asian Paints Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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