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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 2024-05-30 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 146954

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	350.55	365.00	365.00	349.65	1.765 times
29 Wed May 2024	359.60	353.80	368.00	349.35	1.412 times
28 Tue May 2024	353.10	355.00	357.95	351.10	0.764 times
27 Mon May 2024	355.20	355.45	357.50	344.35	0.866 times
24 Fri May 2024	355.10	362.80	362.80	353.25	0.662 times
23 Thu May 2024	362.85	359.00	368.95	357.10	1.285 times
22 Wed May 2024	359.00	352.40	362.00	344.85	1.622 times
21 Tue May 2024	351.85	346.75	353.95	340.85	1.321 times
18 Sat May 2024	346.65	346.75	355.00	339.05	0.349 times
17 Fri May 2024	345.25	348.80	351.95	341.00	0.606 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 356.7 as stoploss in an intra day sell trade for a target of 339.26. However, stock will show a bullish move above 356.7.

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
Upside Target	353.00
Upside Target	368.00
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	340.6
Downside Intraday Target	330.65
Upside Intraday Target	364.25
Upside Intraday Target	377.95
Upside Intraday Target	354.3

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	350.55	355.45	368.00	344.35	0.983 times
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

Price has moved down 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
30 Thu May 2024	350.55	333.15	368.95	303.90	2.106 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Ashapura Minechem ( (ASHAPURMIN) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Strong and stock is gaining momentum.

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

Ashapura Minechem Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 355.1 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 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.