ASIANPAINT - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

IntraDay Trade Rating: 3.6

🖌️ Intraday Trading Analysis for ASIANPAINT (Asian Paints Ltd.)

Asian Paints offers a moderately favorable setup for intraday trading today. While the stock is showing signs of short-term strength with rising volume and a mild bullish MACD, its high valuation, weak 52-week performance, and neutral RSI suggest limited upside unless momentum improves during the session.

🔍 Key Technical & Fundamental Insights

📊 Technical Overview

RSI at 55.7: Slightly bullish — potential for upward continuation.

MACD at +6.99: Mild bullish crossover — trend continuation possible.

Current Price ₹2,402 > DMA50 ₹2,356 but < DMA200 ₹2,453: Short-term strength, but long-term resistance ahead.

Volume Today (17.85L) > Avg Vol 1Wk (7.60L): Strong volume — high intraday interest.

52w Index at 21.8%: Weak relative strength — far from yearly high.

📈 Fundamental Snapshot

ROCE 25.7% & ROE 20.6%: Excellent capital efficiency.

EPS ₹37.5 vs. P/E 59.9: Overvalued — premium pricing.

PEG Ratio 7.13: Very expensive relative to growth.

Debt-to-Equity 0.12: Strong balance sheet.

PAT Qtr ₹1,100 Cr vs. Prev Qtr ₹815 Cr: Sequential growth.

Qtr Profit Var -6.00%: YoY decline — sentiment drag.

FII Holding Change -0.38%: Mild foreign exit.

DII Holding Change +5.47%: Strong domestic accumulation.

🛒 Optimal Buy Price for Intraday

Buy Zone: ₹2,395–₹2,405 Entry on sustained price above ₹2,400 with volume exceeding 18L and RSI rising toward 58+

🎯 Exit Strategy

Profit-Taking Levels

Target 1: ₹2,435 — near DMA200 resistance

Target 2: ₹2,460 — upper range of recent consolidation

Stop-Loss / Loss Protection

Stop-Loss: ₹2,375 — below intraday support and psychological ₹2,380 level

📉 If You Already Hold the Stock Today

Exit on Weakness

RSI drops below 53 or MACD flattens

Price fails to hold above ₹2,400 by mid-session (around 1:00 PM IST)

Volume Watch

If volume fades below 15L and price stalls near ₹2,405, consider partial exit

Momentum Exit Strategy

If price hits ₹2,435+, trail stop-loss upward by ₹15–₹20 increments

Exit fully if price reverses from ₹2,460+ with rising sell pressure

Would you like a scan of other large-cap consumer stocks with stronger intraday momentum and lower PEG ratios for better short-term trading setups?

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