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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 2024-05-13 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 136741

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon May 2024	325.15	318.95	330.05	313.00	1.884 times
10 Fri May 2024	312.45	313.95	315.25	303.90	0.785 times
09 Thu May 2024	310.00	319.65	320.00	309.00	0.979 times
08 Wed May 2024	317.30	316.95	318.50	308.00	0.892 times
07 Tue May 2024	316.50	327.60	327.60	310.65	0.694 times
06 Mon May 2024	326.00	320.00	330.05	306.55	2.12 times
03 Fri May 2024	317.65	319.05	323.00	315.00	0.772 times
02 Thu May 2024	318.90	333.15	337.90	317.10	1.148 times
30 Tue Apr 2024	332.75	336.00	341.50	330.10	0.862 times
29 Mon Apr 2024	333.30	336.95	342.95	331.40	0.782 times

My analysis of stock is bearish for shortterm, and stock might move down till 317.7 or till 303.2. Use a stoploss of 329.84 and if the stock hits stoploss, then it can shoot up till 341.95

Share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Target	302.90
Downside Target	313.00
Upside Target	325.95
Upside Target	337.90
Upside Target	345.05
Upside Target	349.90
Upside Target	353.00
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	315.42
Downside Intraday Target	305.68
Upside Intraday Target	332.47
Upside Intraday Target	339.78
Downside Intraday Target	322.73

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon May 2024	325.15	318.95	330.05	313.00	0.345 times
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

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
13 Mon May 2024	325.15	333.15	337.90	303.90	0.76 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 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 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 Weak and stock is losing 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 and BUY 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 321.85 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.