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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.

Showing technical analysis as on 2024-02-28 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 265551

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	397.25	404.85	414.00	394.25	0.423 times
27 Tue Feb 2024	404.80	412.90	412.90	400.00	0.428 times
26 Mon Feb 2024	413.00	424.45	424.45	407.40	0.612 times
23 Fri Feb 2024	414.65	420.00	430.00	411.50	1.047 times
22 Thu Feb 2024	413.45	412.00	422.00	395.00	1.276 times
21 Wed Feb 2024	409.00	390.00	409.35	384.25	2.5 times
20 Tue Feb 2024	389.90	380.45	389.90	375.35	0.857 times
19 Mon Feb 2024	371.35	353.70	371.35	353.00	0.711 times
29 Mon Jan 2024	433.25	432.50	440.50	428.05	0.548 times
25 Thu Jan 2024	430.40	434.00	436.80	420.55	0.671 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 401.6, but if it comes above 401.6, then a intra day buy could be more profitable.
If you take a sell trade below 401.6, then use 401.6 as stoploss and 381.1 as target. However if you take a buy trade in stock , then use 401.6 as stoploss and 418.7 as target.

Share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Target	165.40
Downside Target	227.30
Downside Target	244.90
Downside Target	339.00
Downside Target	353.00
Downside Target	394.25
Upside Target	408.80
Upside Target	424.45
Upside Target	430.00
Upside Target	440.50
Upside Target	443.35
Upside Target	447.90
Upside Target	454.30

Intraday share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Intraday Target	386.18
Downside Intraday Target	375.12
Upside Intraday Target	416.38
Upside Intraday Target	435.52
Upside Intraday Target	405.32

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	397.25	424.45	424.45	394.25	0.229 times
23 Fri Feb 2024	414.65	353.70	430.00	353.00	11.66 times
29 Mon Jan 2024	433.25	432.50	440.50	428.05	0.157 times
25 Thu Jan 2024	430.40	445.00	447.90	408.80	0.728 times
19 Fri Jan 2024	433.95	426.90	454.30	415.00	1.978 times

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

Monthly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	397.25	353.70	430.00	353.00	0.699 times
29 Mon Jan 2024	433.25	432.85	454.30	408.80	4.524 times
29 Fri Dec 2023	421.00	419.05	443.35	400.00	0.043 times
20 Wed Sep 2023	318.05	229.80	339.00	227.30	0.735 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ashapura Minechem ( (ASHAPURMIN) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ashapura Minechem ( (ASHAPURMIN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

Ashapura Minechem Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ashapura Minechem in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 408.09 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 positive

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