Asian Paints share price target 2025 and 2028: After making all time high of ₹3590 in Jan 2022, it was trading in the range of ₹2700 to ₹3500. In Oct 2024 it has broken the range and started falling with heavy selling and broken all the levels downside. It fall continuous 3 months and made 52 weeks low(₹2125) recently in Mar2025. Now it has taken support near ₹2200 and consolidating since last 3 months.
Downside support levels for Asian paints
If we talk about lower side levels, currently it has taken support at ₹2150 which is 20 years exponential moving average and it is very strong support but if it breaks this level then next strong support is at ₹2000 and then ₹1800. These levels are very strong level, and these levels will be seen in very rare conditions. But we should be always prepared for all the situation/levels.
So, If it hits the levels of ₹2000 or below, we should not be surprised because still trend for Asian paints is down on all the time frames like monthly, weekly but on daily time frame trend is sideways. Being the trend is down or sideways and selling pressure was more we are expecting that Asian paints consolidate for some more time or as discussed earlier it can touch the lower level also. For time being consolidation is expected in Apr-May 2025.
Upside resistance levels for Asian paints
Once it has broken the range and given the closing above ₹2420 provided trend also changed from down to UP. Then first target is ₹2600, then 2nd target is ₹ 2770 and the 3rd average target is 3050 which would be 30.3% of current price ₹ 2340. This average price of 3050 is achievable in 2025. And for long term (2-3 years) there are very big targets it would breaks it own all time high and make new high of ₹4200. If you see it is bull pick as in long term it has potential to double the capital compared to the current market price.
What we should do now for Asian Paints
if anyone planning entry now in Asian paints then it is aggressive entry and it can be risky and if you want to play defensive wait for some more time till it gives closing above ₹2420 and sustain above this level for a week on closing basis then entry can be planned according to Risk capability.
I know, now you will be thinking that how to calculate the risk capability then no worries there is a simple formula for calculating the position size and risk capability click here and read it.
What to do with Asian Paints as of April 17, 2025?
As of today, April 17, 2025, as discussed earlier, Asian Paints has given a closing at ₹2420. We’ll wait for it to sustain above this level for at least a week before planning any entry.
FAQs
Q1: Why is Asian Paints share price falling?
After making an all-time high of ₹3,590 in January 2022, Asian Paints traded in a range for a long time. In October 2024, it broke the range on the downside and faced heavy selling, falling to a 52-week low of ₹2,125 in March 2025 due to sustained bearish sentiment.
Q2: Is it the right time to buy Asian Paints?
Aggressive entry: Now (around ₹2,340) is possible, but it’s risky as the trend is not yet bullish.
Conservative strategy: Wait for closing above ₹2,420 and sustain for a week. This will signal trend reversal and a safer entry zone.
Q3: Will Asian Paints recover in 2025?
Recovery is possible, but only after a strong breakout above ₹2,420. Until then, the stock is expected to consolidate during April–May 2025, and one should monitor price action closely.
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Disclaimer:
Stock market investments are subject to market risks. The information in this article is for educational purposes only and should not be considered financial or investment advice. Readers should do their own research or consult a financial advisor before making any investment decisions. The author and publisher are not liable for any financial losses incurred.