Asian Paints Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Asian Paints closed the previous week on a negative note losing 6.11%

Technically, Asian Paints share price will see immediate support at 3,304.47 and immediate resistance would be seen at 3,522.47

If Asian Paints share price closes below immediate support of 3,304.47, then sharp breakdown can be seen. Asian Paints share price will see major support at 3,218.23 for the week.

On the positive side, immediate resistance will be seen at 3,522.47. Closing above 3,522.47, Asian Paints share price will see a sharp breakout. Major resistance for Asian Paints share price will be seen at 3,654.23 for the week.

Trading range for Asian Paints share price for this week should be between 3,086.47 on down side and 3,740.47 on up side.

Asian Paints Previous Week High: 3568

Asian Paints Previous Week Low: 3350

Asian Paints Previous Week Range: 218 Points

Asian Paints share price support and resistance for the week (July 31, 2023 – August 04, 2023)