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(ASHAPURMIN) Ashapura Minechem complete technical analysis [charts+indicators] | Buy/Sell Ashapura Minechem | (ASHAPURMIN) share price targets

Complete technical analysis of Ashapura Minechem (ASHAPURMIN) by charts plus indicators, forecast predictions and share price targets for Ashapura Minechem (ASHAPURMIN)

Ashapura Minechem trades in NSE in Mining sector.

10 day averaged volume of Ashapura Minechem is 131164

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	334.15	336.00	342.00	330.30	1.008 times
25 Thu Apr 2024	333.65	334.00	339.50	329.25	0.84 times
24 Wed Apr 2024	335.50	342.95	345.00	333.05	0.682 times
23 Tue Apr 2024	337.95	349.30	349.90	336.30	0.686 times
22 Mon Apr 2024	346.60	342.95	348.00	339.75	2.369 times
19 Fri Apr 2024	331.45	332.80	332.80	325.95	0.439 times
18 Thu Apr 2024	334.40	335.05	340.95	331.15	0.625 times
16 Tue Apr 2024	333.75	327.10	341.90	327.10	0.69 times
15 Mon Apr 2024	336.55	345.05	345.05	328.05	0.751 times
02 Tue Apr 2024	362.70	388.00	394.25	362.70	2.02 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 326.5 as stoploss in an intra day buy trade for a target of 345.07. However, stock will show a bearish move below 326.5.

Share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Target	302.90
Downside Target	325.95
Upside Target	345.05
Upside Target	361.65
Upside Target	384.90
Upside Target	394.25
Upside Target	400.00
Upside Target	405.45
Upside Target	408.80
Upside Target	430.00
Upside Target	443.35
Upside Target	454.30

Intraday share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Intraday Target	325.63
Downside Intraday Target	317.12
Upside Intraday Target	346.28
Upside Intraday Target	358.42
Upside Intraday Target	337.77

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	334.15	342.95	349.90	329.25	2.23 times
19 Fri Apr 2024	331.45	345.05	345.05	325.95	0.858 times
02 Tue Apr 2024	362.70	375.95	394.25	362.70	0.52 times
28 Thu Mar 2024	375.95	366.00	384.90	361.65	0.812 times
22 Fri Mar 2024	348.90	334.95	348.90	302.90	1.57 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	334.15	375.95	394.25	325.95	0.621 times
28 Thu Mar 2024	375.95	399.90	405.45	302.90	1.036 times
29 Thu Feb 2024	397.15	353.70	430.00	353.00	0.753 times
29 Mon Jan 2024	433.25	432.85	454.30	408.80	4.524 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ashapura Minechem (ASHAPURMIN)

Price action analysis of Ashapura Minechem ( (ASHAPURMIN) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Ashapura Minechem ( (ASHAPURMIN) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Ashapura Minechem ( (ASHAPURMIN) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Ashapura Minechem ( (ASHAPURMIN) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Ashapura Minechem stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Ashapura Minechem in short term and the sell signal is strong.

Ashapura Minechem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ashapura Minechem in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Ashapura Minechem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 343.13 and Ashapura Minechem (ASHAPURMIN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Ashapura Minechem (ASHAPURMIN) stock. Volume based technical analysis of Ashapura Minechem (ASHAPURMIN) stock is negative.

Ashapura Minechem Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.