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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 2024-03-05 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 216916

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	378.60	385.00	390.55	366.00	0.491 times
04 Mon Mar 2024	378.05	403.00	403.00	374.85	1.067 times
02 Sat Mar 2024	401.80	402.00	404.30	398.30	0.056 times
01 Fri Mar 2024	399.05	399.90	405.45	395.00	0.44 times
29 Thu Feb 2024	397.15	396.05	401.00	388.20	0.74 times
28 Wed Feb 2024	397.25	404.85	414.00	394.25	0.518 times
27 Tue Feb 2024	404.80	412.90	412.90	400.00	0.524 times
26 Mon Feb 2024	413.00	424.45	424.45	407.40	0.749 times
23 Fri Feb 2024	414.65	420.00	430.00	411.50	1.281 times
22 Thu Feb 2024	413.45	412.00	422.00	395.00	1.562 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 389.6, but if it comes above 389.6, then a intra day buy could be more profitable.
If you take a sell trade below 389.6, then use 389.6 as stoploss and 366 as target. However if you take a buy trade in stock , then use 389.6 as stoploss and 409.23 as target.

Share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Target	227.30
Downside Target	339.00
Downside Target	353.00
Downside Target	366.00
Upside Target	388.20
Upside Target	400.00
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	362.07
Downside Intraday Target	345.53
Upside Intraday Target	399.07
Upside Intraday Target	419.53
Upside Intraday Target	382.53

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	378.60	403.00	403.00	366.00	0.514 times
02 Sat Mar 2024	401.80	424.45	424.45	388.20	0.387 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

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
05 Tue Mar 2024	378.60	399.90	405.45	366.00	0.198 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
29 Fri Dec 2023	421.00	419.05	443.35	400.00	0.043 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ashapura Minechem ( (ASHAPURMIN) ) based on a short to mid 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.

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 Strong 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 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 green color and prices are in or below the green cloud Prices appear to be moving up

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 401.92 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.