📈 Current Price & Trading Range
Current Price: ₹2,357.70
Day’s Range: ₹2,337.00 – ₹2,366.60
Previous Close: ₹2,340.20
52-Week Range: ₹2,124.75 – ₹3,103.55
📊 Technical Indicators
RSI (14-day): 38.17 — indicating a neutral to bearish condition.
MACD: -41.59 — suggesting bearish momentum.
Stochastic RSI: 10.76 — points to an oversold condition, possibly signaling a reversal.
Rate of Change (ROC): -1.93 — reflects downward momentum.
Commodity Channel Index (CCI): -1.93 — supports the bearish outlook.
Average Directional Index (ADX): 32.54 — indicates a strong trend, confirming the downtrend.
Parabolic SAR: ₹2,320 — suggests a bearish trend continuation.
Supertrend: ₹2,444 — aligns with the bearish trend.
📌 Summary
Asian Paints Ltd. is currently in a bearish phase on the 1-day timeframe. Key support at ₹2,320 is crucial; a breach could lead to further declines. Conversely, a rebound above ₹2,463.98 might indicate a potential trend reversal.
Current Price: ₹2,357.70
Day’s Range: ₹2,337.00 – ₹2,366.60
Previous Close: ₹2,340.20
52-Week Range: ₹2,124.75 – ₹3,103.55
📊 Technical Indicators
RSI (14-day): 38.17 — indicating a neutral to bearish condition.
MACD: -41.59 — suggesting bearish momentum.
Stochastic RSI: 10.76 — points to an oversold condition, possibly signaling a reversal.
Rate of Change (ROC): -1.93 — reflects downward momentum.
Commodity Channel Index (CCI): -1.93 — supports the bearish outlook.
Average Directional Index (ADX): 32.54 — indicates a strong trend, confirming the downtrend.
Parabolic SAR: ₹2,320 — suggests a bearish trend continuation.
Supertrend: ₹2,444 — aligns with the bearish trend.
📌 Summary
Asian Paints Ltd. is currently in a bearish phase on the 1-day timeframe. Key support at ₹2,320 is crucial; a breach could lead to further declines. Conversely, a rebound above ₹2,463.98 might indicate a potential trend reversal.
I built a Buy & Sell Signal Indicator with 85% accuracy.
📈 Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
📈 Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I built a Buy & Sell Signal Indicator with 85% accuracy.
📈 Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
📈 Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.