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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 2024-04-16 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 201670

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	333.75	327.10	341.90	327.10	0.449 times
15 Mon Apr 2024	336.55	345.05	345.05	328.05	0.488 times
02 Tue Apr 2024	362.70	388.00	394.25	362.70	1.314 times
01 Mon Apr 2024	381.75	375.95	389.65	370.80	0.584 times
28 Thu Mar 2024	375.95	370.95	384.90	365.00	1.011 times
27 Wed Mar 2024	368.05	381.00	384.60	361.65	2.289 times
26 Tue Mar 2024	366.30	366.00	366.30	364.65	0.348 times
22 Fri Mar 2024	348.90	337.80	348.90	337.80	0.405 times
21 Thu Mar 2024	332.30	321.00	332.30	320.95	0.462 times
20 Wed Mar 2024	316.50	314.00	323.00	302.90	1.596 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 337.4, but if it comes above 337.4, then a intra day buy could be more profitable.
If you take a sell trade below 337.4, then use 337.4 as stoploss and 304.1 as target. However if you take a buy trade in stock , then use 337.4 as stoploss and 365.22 as target.

Share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Target	302.90
Downside Target	327.10
Upside Target	345.05
Upside Target	361.65
Upside Target	384.90
Upside Target	394.25
Upside Target	400.00
Upside Target	403.00
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	325.55
Downside Intraday Target	317.35
Upside Intraday Target	343.5
Upside Intraday Target	353.25
Upside Intraday Target	335.3

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	333.75	345.05	345.05	327.10	0.494 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
06 Wed Mar 2024	370.60	403.00	403.00	366.00	0.878 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
16 Tue Apr 2024	333.75	375.95	394.25	327.10	0.246 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 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 gaining momentum.

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

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 353.63 and Ashapura Minechem (ASHAPURMIN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.