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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 2024-03-22 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 166986

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	348.90	337.80	348.90	337.80	0.489 times
21 Thu Mar 2024	332.30	321.00	332.30	320.95	0.557 times
20 Wed Mar 2024	316.50	314.00	323.00	302.90	1.928 times
19 Tue Mar 2024	318.80	337.75	339.85	318.80	1.814 times
18 Mon Mar 2024	335.55	334.95	343.00	326.10	0.637 times
06 Wed Mar 2024	370.60	378.00	382.00	369.20	1.433 times
05 Tue Mar 2024	378.60	385.00	390.55	366.00	0.638 times
04 Mon Mar 2024	378.05	403.00	403.00	374.85	1.386 times
02 Sat Mar 2024	401.80	402.00	404.30	398.30	0.073 times
01 Fri Mar 2024	399.05	399.90	405.45	395.00	0.572 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 347.8 as stoploss in an intra day buy trade for a target of 381.2. However, stock will show a bearish move below 347.8.

Share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Target	227.30
Downside Target	302.90
Downside Target	339.00
Downside Target	348.90
Upside Target	366.00
Upside Target	388.20
Upside Target	400.00
Upside Target	424.45
Upside Target	428.05
Upside Target	430.00
Upside Target	440.50
Upside Target	443.35
Upside Target	454.30

Intraday share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Intraday Target	318.23
Downside Intraday Target	287.57
Upside Intraday Target	364.23
Upside Intraday Target	379.57
Downside Intraday Target	333.57

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	348.90	334.95	348.90	302.90	1.57 times
06 Wed Mar 2024	370.60	403.00	403.00	366.00	0.878 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

Price has moved down 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
22 Fri Mar 2024	348.90	399.90	405.45	302.90	0.708 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above 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 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 347.66 and Ashapura Minechem (ASHAPURMIN) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.