Asian Paints Share Price Today Highlights, 11 Nov, 2024: Asian Paints closes 8% lower on sharp decline in Q2 net profit

Asian Paints' latest moving averages reveal key trends across various time frames. The 5-day Simple Moving Average (SMA) is at Rs 2896.8, slightly above the 5-day Exponential Moving Average (EMA) of Rs 2851.65. Over 10 days, the SMA is Rs 2937.33, while the EMA is Rs 2898.92. The 20-day SMA stands at Rs 2983.31 compared to the EMA of Rs 2961.84. For longer periods, the 50-day SMA is Rs 3132.84, and the 100-day SMA is Rs 3064.08, with the EMA at Rs 3049.85. The 200-day SMA is Rs 2979.47, reflecting broader trends and potential support levels for investors to watch.

Asian Paints stock is trading at Rs 2545.45, reflecting a -8.08% decrease. This translates to a net change of Rs -223.80 from the previous close, indicating a significant decline in the stock price. Investors should keep an eye on Asian Paints' performance as the market reacts to ongoing developments.

As of 11 Nov 14:39, Asian Paints November futures is currently trading at a spot price of Rs 2529.05, with a bid price of Rs 2529.05 and an offer price of Rs 2529.6. The bid quantity stands at 600 shares, while the offer quantity is 200 shares. The stock shows a high open interest of 14918400.0, reflecting strong market interest and activity.

Asian Paints' daily pivot level is set at Rs 2543.92, with resistance levels at Rs 2580.83 (R1), Rs 2628.82 (R2) and Rs 2665.73 (R3). Support levels are positioned at Rs 2495.93 (S1), Rs 2459.02 (S2) and Rs 2411.03 (S3). Keep an eye on these levels as the trading day progresses, as they offer important insights into potential market movements.

Asian Paints has seen a -8.79% change today, bringing its price to Rs 2525.85. Over the past week, the stock has -14.09% and has -17.96% in the last month. Looking at longer periods, the stock has -6.83% over six months, -18.00% over one year, and 42.40% over five years. This overall downturn underscores Asian Paints' current market trajectory.

Top active call option for Asian Paints at 11 Nov 13:09 was at strike price of Rs 2600.0 (Expiry : 28 Nov 2024) with price Rs 23.05 (-87.53%). Top active put option for Asian Paints at 11 Nov 13:09 was at strike price of Rs 2520.0 (Expiry : 28 Nov 2024) with price Rs 48.0 (507.59%)

As of 11 Nov 12:39, Asian Paints November futures is currently trading at a spot price of Rs 2535.25, with a bid price of Rs 2535.1 and an offer price of Rs 2535.95. The bid quantity stands at 400 shares, while the offer quantity is 800 shares. The stock shows a high open interest of 14091800, reflecting strong market interest and activity.

Asian Paints' stock has fluctuated between Rs 2507.0 and Rs 2591.9 so far today, showcasing the range of trading activity. Investors are closely monitoring the stock's performance as it navigates within this price band.

Asian Paints has recorded a trading volume of 233970 shares. This reflects the level of market activity for the stock so far today.

Asian Paints shares experienced a significant decline of 7.81%, currently priced at ₹2553.0, following a previous close of ₹2769.25. In contrast, the BSE Sensex saw an uptick, rising 0.72% to reach ₹80058.86, amidst overall market stability.

Asian Paints has seen a -7.72% change today, bringing its price to Rs 2555.5. Over the past week, the stock has -13.08% and has -17.00% in the last month. Looking at longer periods, the stock has -5.74% over six months, -17.03% over one year, and 44.07% over five years. This overall decline underscores Asian Paints' current market trajectory.