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By EquityPandit

ASIANPAINTMARKET OUTLOOKSTOCK OUTLOOK

Asian Paints Outlook for the Week (October 09, 2023 – October 13, 2023)

Asian Paints
Asian Paints
Asian Paints closed the previous week on a negative note losing 2.50%.

Technically, Asian Paints share price will see immediate support at 3,154.03 and immediate resistance would be seen at 3,234.78.

If Asian Paints share price closes below immediate support of 3,154.03, then sharp breakdown can be seen. Asian Paints share price will see major support at 3,112.32 for the week.

3350.003350.003300.003300.003250.003250.003200.003200.003150.003150.003100.003100.00Aug 24Aug 24Aug 29Aug 29Sep 1Sep 1Sep 6Sep 6Sep 11Sep 11Sep 14Sep 14Sep 20Sep 20Sep 25Sep 25Sep 28Sep 28Oct 4Oct 4Reversal Level 3226.62BuyBuyBuySellSellSell

On the positive side, immediate resistance will be seen at 3,234.78. Closing above 3,234.78, Asian Paints share price will see a sharp breakout. Major resistance for Asian Paints share price will be seen at 3,273.82 for the week.

Trading range for Asian Paints share price for this week should be between 3,073.28 on down side and 3,315.53 on up side.

Asian Paints Previous Week High: 3232.1

Asian Paints Previous Week Low: 3151.35

Asian Paints Previous Week Range: 80.75 Points

Asian Paints share price support and resistance for the week (October 09, 2023 – October 13, 2023)

Level Type Value
Resistance 3 3,315.53
Resistance 2 3,273.82
Resistance 1 3,234.78
Support 1 3,154.03
Support 2 3,112.32
Support 3 3,073.28
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