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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 2024-05-06 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 127746

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon May 2024	326.00	320.00	330.05	306.55	2.27 times
03 Fri May 2024	317.65	319.05	323.00	315.00	0.826 times
02 Thu May 2024	318.90	333.15	337.90	317.10	1.229 times
30 Tue Apr 2024	332.75	336.00	341.50	330.10	0.923 times
29 Mon Apr 2024	333.30	336.95	342.95	331.40	0.837 times
26 Fri Apr 2024	334.15	336.00	342.00	330.30	1.035 times
25 Thu Apr 2024	333.65	334.00	339.50	329.25	0.863 times
24 Wed Apr 2024	335.50	342.95	345.00	333.05	0.7 times
23 Tue Apr 2024	337.95	349.30	349.90	336.30	0.705 times
22 Mon Apr 2024	346.60	342.95	348.00	339.75	2.433 times

Stock of Ashapura Minechem (ASHAPURMIN) has showed a significant upmove. This could be a good time to enter in this stock!

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 324.8 as stoploss in an intra day buy trade for a target of 342.81. However, stock will show a bearish move below 324.8.

Share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Target	302.90
Downside Target	315.00
Downside Target	325.95
Upside Target	337.90
Upside Target	353.00
Upside Target	362.70
Upside Target	394.25
Upside Target	405.45
Upside Target	408.80
Upside Target	430.00
Upside Target	454.30

Intraday share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Intraday Target	311.68
Downside Intraday Target	297.37
Upside Intraday Target	335.18
Upside Intraday Target	344.37
Downside Intraday Target	320.87

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon May 2024	326.00	320.00	330.05	306.55	0.595 times
03 Fri May 2024	317.65	336.95	342.95	315.00	0.665 times
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

Price has moved up 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
06 Mon May 2024	326.00	333.15	337.90	306.55	0.331 times
30 Tue Apr 2024	332.75	375.95	394.25	325.95	0.717 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

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 but selling is losing 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 332.51 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.