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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 2024-05-18 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 177510

Date	Daily Closing Price	Open	High	Low	Volume
18 Sat May 2024	346.65	346.75	355.00	339.05	0.289 times
17 Fri May 2024	345.25	348.80	351.95	341.00	0.502 times
16 Thu May 2024	348.15	346.50	351.00	344.65	0.922 times
15 Wed May 2024	345.20	328.75	353.85	328.50	2.212 times
14 Tue May 2024	327.65	325.90	332.15	317.95	0.699 times
13 Mon May 2024	325.15	318.95	330.05	313.00	1.451 times
10 Fri May 2024	312.45	313.95	315.25	303.90	0.605 times
09 Thu May 2024	310.00	319.65	320.00	309.00	0.754 times
08 Wed May 2024	317.30	316.95	318.50	308.00	0.687 times
07 Tue May 2024	316.50	327.60	327.60	310.65	0.534 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 342.5, but if it comes below 342.5, then a intra day sell could be more profitable.
If you take a sell trade below 342.5, then use 342.5 as stoploss and 330.54 as target. However if you take a buy trade in stock , then use 342.5 as stoploss and 356.8 as target.

Share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Target	302.90
Downside Target	313.00
Downside Target	325.95
Downside Target	342.95
Upside Target	353.00
Upside Target	355.00
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	321.43
Downside Intraday Target	296.22
Upside Intraday Target	363.43
Upside Intraday Target	380.22
Downside Intraday Target	338.22

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Sat May 2024	346.65	318.95	355.00	313.00	1.442 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
18 Sat May 2024	346.65	333.15	355.00	303.90	1.252 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 up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ashapura Minechem ( (ASHAPURMIN) ) based on a short to mid 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.

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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Ashapura Minechem in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 and BUY 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 331.45 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 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.