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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 2024-05-10 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 137024

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri May 2024	312.45	313.95	315.25	303.90	0.784 times
09 Thu May 2024	310.00	319.65	320.00	309.00	0.977 times
08 Wed May 2024	317.30	316.95	318.50	308.00	0.89 times
07 Tue May 2024	316.50	327.60	327.60	310.65	0.692 times
06 Mon May 2024	326.00	320.00	330.05	306.55	2.116 times
03 Fri May 2024	317.65	319.05	323.00	315.00	0.77 times
02 Thu May 2024	318.90	333.15	337.90	317.10	1.146 times
30 Tue Apr 2024	332.75	336.00	341.50	330.10	0.86 times
29 Mon Apr 2024	333.30	336.95	342.95	331.40	0.781 times
26 Fri Apr 2024	334.15	336.00	342.00	330.30	0.965 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 316.2, but if it comes above 316.2, then a intra day buy could be more profitable.
If you take a sell trade below 316.2, then use 316.2 as stoploss and 296.4 as target. However if you take a buy trade in stock , then use 316.2 as stoploss and 332.67 as target.

Share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Target	302.90
Upside Target	315.00
Upside 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	300.88
Downside Intraday Target	289.32
Upside Intraday Target	327.03
Upside Intraday Target	341.62
Upside Intraday Target	315.47

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri May 2024	312.45	320.00	330.05	303.90	1.535 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 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
10 Fri May 2024	312.45	333.15	337.90	303.90	0.606 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.

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 red color and prices are below the red 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 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 322.42 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.