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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 2024-05-24 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 180714

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri May 2024	355.10	362.80	362.80	353.25	0.538 times
23 Thu May 2024	362.85	359.00	368.95	357.10	1.045 times
22 Wed May 2024	359.00	352.40	362.00	344.85	1.319 times
21 Tue May 2024	351.85	346.75	353.95	340.85	1.074 times
18 Sat May 2024	346.65	346.75	355.00	339.05	0.284 times
17 Fri May 2024	345.25	348.80	351.95	341.00	0.493 times
16 Thu May 2024	348.15	346.50	351.00	344.65	0.906 times
15 Wed May 2024	345.20	328.75	353.85	328.50	2.173 times
14 Tue May 2024	327.65	325.90	332.15	317.95	0.687 times
13 Mon May 2024	325.15	318.95	330.05	313.00	1.426 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 350.3, but if it comes below 350.3, then a intra day sell could be more profitable.
If you take a sell trade below 350.3, then use 350.3 as stoploss and 334.29 as target. However if you take a buy trade in stock , then use 350.3 as stoploss and 369.5 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	340.85
Downside Target	349.90
Upside Target	368.95
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	340.98
Downside Intraday Target	326.87
Upside Intraday Target	369.08
Upside Intraday Target	383.07
Downside Intraday Target	354.97

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri May 2024	355.10	346.75	368.95	340.85	0.666 times
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

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
24 Fri May 2024	355.10	333.15	368.95	303.90	1.682 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, and volume has increased substantially. This means that the move can 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Ashapura Minechem stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Ashapura Minechem in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Ashapura Minechem in short term but SELL signal is weak.

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

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 346.36 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 negative.

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