BSE NSE listed Paint Company Shares 17Jul 18 Chart Strength 29Jul 16 Chart Strength 19Feb16 Chart Strength
Akzo Nobel India  4 4 5
Asian Paints strongest strongest 3
Berger Paints India 2 3 2
Hardcastle & Waud Manufacturing Company 6 7  
Jenson & Nicholson (India) - 6  
Kansai Nerolac Paints 5 2 strongest
Mitshi India [Dera Paints and Chemicals]   4
Shalimar Paints 7 5 6
Above 200-dma 57% 86% 67% 


  • Stocks trading above 200 day moving average  laughing
        Shares are shown in blue colour
  • Stocks trading below but close to 200 day moving average smile
        Shares are shown in orange colour
  • Stocks trading much below 200 day moving average frown
        Shares are shown in red colour

 Technical Trend of Paint Sector stocks 

Out of 7 Paint industry stocks 4 are trading above 200 day moving average. 
That means 57% of the Paint stocks are trading above 200-dma. 
The drop in the price of commodities has benefited the paint industry.
With up move in price of crude oil the input cost of paint has gone up.

Outperformers: Asian Paints, Berger Paints India, Mitshi India, Akzo Nobel India.
Underperformers: Shalimar Paints, Hardcastle and Waud Manufacturing Company, Kansai Nerolac Paints.

Related topics
Commodities – NSE
Consumption – NSE