Asian Paints Ltd.
Long

ASIANPAINT 1D Time frame

460
Current View

The stock is trading around ₹2,490-₹2,500, roughly in that band.

Recent price action suggests sideways to slightly negative bias in the short term.

The stock is below many of its medium-to-long term moving averages, but above some short term ones — mixed signals.

⚙️ Indicators & Momentum

RSI is in neutral to slightly weak territory (not deeply oversold, not overbought).

MACD shows bearish pressure in recent periods.

Some oscillators & momentum tools showing mild divergence, meaning upward momentum is not strong.

Short-term moving averages are giving mixed signals: some support, some resistance.

📌 Key Levels to Watch

Resistance Zones: ~ ₹2,520-₹2,550 is a resistance range.

Support Zones: ~ ₹2,450-₹2,470 nearer support. More substantial support around ₹2,400-₹2,430.

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