ASIANPAINT - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:02 am

IntraDay Trade Rating: 3.7

📊 Analysis: ASIANPAINT trades at ₹2,799, above both DMA 50 (₹2,726) and DMA 200 (₹2,560), reflecting medium-term strength. RSI at 44.2 is neutral, while MACD (13.1) indicates mild bullish momentum. Volume (4.24L vs 7.91L avg) is below average, limiting intraday strength. Fundamentals remain strong with ROCE 27.3% and ROE 20.7%, though valuation is stretched (P/E 67.6 vs industry 38.7, PEG 9.55). Suitable for cautious intraday trades with disciplined stop-losses.

• 💹 Optimal Buy Price: ₹2,780–2,800 (near support zone)
• 🎯 Profit-Taking Levels: ₹2,830 (first resistance), ₹2,860 (next resistance)
• 🛡️ Stop-Loss: Below ₹2,760 (to protect against breakdown)
• ⏱️ Exit if Holding: Exit intraday if price fails to sustain above ₹2,780 or if RSI slips below 43 with MACD turning negative despite institutional support.

Positive

• ✅ Price above DMA 50 & 200, confirming medium-term strength.
• ✅ Strong ROCE 27.3% and ROE 20.7% reflect efficiency.
• ✅ DII holding increased (+0.52%), showing domestic institutional support.
• ✅ Dividend yield 0.91% supports investor sentiment.

Limitation

• ⚠️ High P/E 67.6 vs industry 38.7 indicates premium valuation.
• ⚠️ PEG ratio 9.55 reflects expensive growth valuation.
• ⚠️ Volume below average, limiting intraday momentum.
• ⚠️ PAT decline from ₹1,100 Cr. to ₹956 Cr. in latest quarter.

Company Negative News

• ❌ Quarterly profit decline weakens near-term earnings momentum.
• ❌ FII holding reduced (-0.21%), showing foreign investor caution.

Company Positive News

• 🌟 Strong efficiency metrics (ROCE, ROE) support fundamentals.
• 🌟 Dividend yield adds investor confidence.

Industry

• 🏗️ Industry PE at 38.7 vs ASIANPAINT PE 67.6 shows sector undervaluation compared to ASIANPAINT.
• 🏗️ Paints and coatings sector remains resilient, supported by housing and infrastructure demand.

Conclusion

📌 ASIANPAINT is a moderate intraday candidate with strong fundamentals but stretched valuations and weak volume. Traders may attempt scalps near ₹2,780–2,800 with profit exits around ₹2,830–2,860, while maintaining a disciplined stop-loss below ₹2,760.

Would you like me to extend this into a paints and coatings sector peer benchmarking overlay so you can compare ASIANPAINT against Berger Paints, Kansai Nerolac, and other peers for intraday rotation opportunities?