Signals, Powered By EquityPandit
Asian Paints closed the previous week on a negative note losing 4.04%.
Technically, Asian Paints share price will see immediate support at 3,165.68 and immediate resistance would be seen at 3,299.13.
If Asian Paints share price closes below immediate support of 3,165.68, then sharp breakdown can be seen. Asian Paints share price will see major support at 3,099.37 for the week.
On the positive side, immediate resistance will be seen at 3,299.13. Closing above 3,299.13, Asian Paints share price will see a sharp breakout. Major resistance for Asian Paints share price will be seen at 3,366.27 for the week.
Trading range for Asian Paints share price for this week should be between 3,032.23 on down side and 3,432.58 on up side.
Asian Paints Previous Week High: 3299.95
Asian Paints Previous Week Low: 3166.5
Asian Paints Previous Week Range: 133.45 Points
Asian Paints share price support and resistance for the week (December 11, 2023 – December 15, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 3,432.58 |
| Resistance 2 | 3,366.27 |
| Resistance 1 | 3,299.13 |
| Support 1 | 3,165.68 |
| Support 2 | 3,099.37 |
| Support 3 | 3,032.23 |
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