ASSIGNMENT

G YASHWANTH
208918
TECHNICAL ANALYSIS OF ASIAN PAINTS
 Asian Paints Opened at 3184.00 and Closed at: 3283.15, which are
3.18% of previous session are close. It moved within a range of
3178.70 and 3292.00. The session was a Bullish session with an
average volume of 2554394, which is 49.61% of previous session's
volumes.
 Even though the stock has shown an up move, but the midterm
trend of the stock remains negative and in a downtrend.

 The stock has shown an up move, and its long term trend is also
positive and in an uptrend.

 A Dead cross was found 5 days back on short term averages

 Support for tomorrow is 3230.93 and resistance for tomorrow is

3344.23
These support and resistance points are valid for the first 5-15
minutes charts

 Support for tomorrow's hourly charts is 3210.57, 3137.98

resistance for tomorrow's hourly charts is 3323.87, 3364.58
 10 Day SMA for Asian Paints (ASIANPAINT) is 3135.62 and stock is
trading above these levels. This is a good sign for its short term
trend

 20 Day SMA for Asian Paints (ASIANPAINT) is 3157.39 and the

stock is trading above these levels. This is a good sign for its mid
term trend
  50 Day SMA for Asian Paints (ASIANPAINT) is 3163.97 and the
stock is trading above these levels. This is a good sign for its mid
to long term trend

 100 Day SMA is 3155.82 and the stock is trading above these
levels. This is a good sign for its long term trend

 200 Day SMA Asian Paints is 2929.17 and stock is trading above
these levels. This is a good sign for its long term trend

 Asian Paints (ASIANPAINT) moving average of 20 SMA is at

3157.39 and 20 EMA is at 3149.02

Date Closing 20 SMA 20 EMA

Price

10 Fri Dec 3283.15 3157.39 3149.02

09 Thu Dec 3178.70 3146.4 3134.91

08 Wed Dec 3108.50 3142.88 3130.3

07 Tue Dec 3030.35 3144.72 3132.59

06 Mon Dec 3038.30 3150.1 3143.35

03 Fri Dec 3110.45 3156.15 3154.4

 Asian Paints (ASIANPAINT) moving average of 50 SMA is at

3163.97 and 50 EMA is at 3155.96

Date Closing 50 SMA 50 EMA

Price

10 Fri Dec 3283.15 3163.97 3155.96

09 Thu Dec 3178.70 3165.9 3150.77

08 Wed Dec 3108.50 3170.94 3149.63

07 Tue Dec 3030.35 3177.74 3151.31

06 Mon Dec 3038.30 3183.55 3156.25

03 Fri Dec 3110.45 3189.13 3161.06

 Asian Paints (ASIANPAINT) moving average of 100 SMA is at

3155.82 and 100 EMA is at 3110.94

Date Closing Price 100 100 EMA

SMA

10 Fri Dec 3283.15 3155.82 3110.94

09 Thu Dec 3178.70 3152.82 3107.46

08 Wed 3108.50 3151.06 3106.02

Dec

07 Tue Dec 3030.35 3149.91 3105.97

06 Mon Dec 3038.30 3149.6 3107.5

03 Fri Dec 3110.45 3149.32 3108.9

  Asian Paints (ASIANPAINT) moving average of 200 SMA is at
2929.17 and 200 EMA is at 2923.56

Date Closing Price 200 200 EMA

SMA

10 Fri Dec 3283.15 2929.17 2923.56

09 Thu Dec 3178.70 2925 2919.93

08 Wed 3108.50 2921.39 2917.32

Dec

07 Tue Dec 3030.35 2918.28 2915.39

06 Mon Dec 3038.30 2915.66 2914.23

03 Fri Dec 3110.45 2913.02 2912.98

 Asian Paints has performed better than Somany Ceramics in short
term. Holding Asian Paints could be a better choice for now!

 Shalimar Paints has performed better than Asian Paints in short

term. You could have earned much better returns by investing in
Shalimar Paints, about 7.93% more returns!

 Asian Paints has performed better than Orient Bell in short term.
Holding Asian Paints could be a better choice for now!

 Nitco has performed better than Asian Paints in short term. You

could have earned much better returns by investing in Nitco, about
8.56% more returns!

 Asian Paints has performed better than Murudeshwar Ceramics in

short term. Holding Asian Paints could be a better choice for now!

 Asian Paints has performed better than Kansai Nerolac in short

term. Holding Asian Paints could be a better choice for now!

 Asian Paints has performed better than Kansai Nerolac in short

term. Holding Asian Paints could be a better choice for now!

 Asian Paints has performed better than Kajaria Ceramics in short

term. Holding Asian Paints could be a better choice for now!

 Greenlam Industries has performed better than Asian Paints in

short term. You could

 Than Berger paints in short term. Holding Asian Paints could have
earned much better returns by investing in Greenlam Industries,
about 9.34% more returns!

 Asian Paints has performed better than Cera Sanitary ware in short
term. Holding Asian Paints could be a better choice for now!
  Asian Paints has performed better be a better choice for now!

 Asian Paints has performed better than Asian Granito in short

term. Holding Asian Paints could be a better choice for now!

 Asian Paints has performed better than Akzo Nobel in short term.
Holding Asian Paints could be a better choice for now!

ASIAN PAINTS TECHNICAL ANALYSIS OF INDICATORS

 Price action analysis of Asian Paints (ASIANPAINT) based on a time
period of 10 days is positive, but buyers have become active on
the stock recently. This cannot be a definite uptrend, specially if
selected time duration is small.
 ADX buy sell signal for Asian Paints stock is BUY. Signal strength is
Strong and stock is gaining momentum.
 MACD generated a BUY signal for Asian Paints recently and the
buy signal is strong.
 MACD line is moving upwards which means that SELL signal is
weakening, and buying is picking up momentum.
 Asian Paints Stock is trading near its recent HIGHS, which reflects
strong buying momentum! Bulls are getting stronger in this stock.
 Ichimoku cloud is of red color and prices are in or above the red
cloud Prices appear to be moving up
 CCI has generated a buy signal for Asian Paints and BUY signal is
strong.
 RSI is generating a BUY signal and the buying is gaining
momentum.
 MRSI is in negative zone. This is the SELL zone
 Stock of Asian Paints is picking up buying momentum according to
indicator.
 Volume based indicators are showing positive momentum towards
buying!
 Short term Volume Weighted Averaged Price (VWAP) is 3143.38
and Asian Paints ASIANPAINT stock is trading above this level. This
is a good sign for the stock and it could move higher. VWAP is
rising upwards.
 People seem to be investing and buying the Asian Paints
ASIANPAINT stock. Volume based technical analysis of Asian Paints
ASIANPAINT stock is positive!
 Asian Paints Stock is giving positive returns over a short term
period. Returns for a longer term period have been positive
 Force Index is moving in a positive zone, which indicates buying
momentum. Buying momentum is getting stronger.