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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 2024-06-04 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 211614

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	334.00	383.60	383.60	316.85	1.804 times
03 Mon Jun 2024	383.50	366.00	387.50	355.00	2.329 times
31 Fri May 2024	352.95	349.55	354.45	345.55	0.938 times
30 Thu May 2024	350.55	365.00	365.00	349.65	1.225 times
29 Wed May 2024	359.60	353.80	368.00	349.35	0.98 times
28 Tue May 2024	353.10	355.00	357.95	351.10	0.531 times
27 Mon May 2024	355.20	355.45	357.50	344.35	0.601 times
24 Fri May 2024	355.10	362.80	362.80	353.25	0.459 times
23 Thu May 2024	362.85	359.00	368.95	357.10	0.892 times
22 Wed May 2024	359.00	352.40	362.00	344.85	1.126 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 326.7 as stoploss in an intra day buy trade for a target of 344.78. However, stock will show a bearish move below 326.7.

Share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Target	302.90
Downside Target	313.00
Downside Target	325.95
Upside Target	340.85
Upside Target	353.00
Upside Target	368.00
Upside Target	368.95
Upside Target	387.50
Upside Target	394.25
Upside Target	405.45
Upside Target	430.00

Intraday share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Intraday Target	304.73
Downside Intraday Target	275.47
Upside Intraday Target	375.38
Upside Intraday Target	416.77
Upside Intraday Target	346.12

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	334.00	366.00	387.50	316.85	0.967 times
31 Fri May 2024	352.95	355.45	368.00	344.35	1.259 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

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
04 Tue Jun 2024	334.00	366.00	387.50	316.85	0.236 times
31 Fri May 2024	352.95	333.15	368.95	303.90	2.225 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

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 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 SELL. Signal strength is Weak and stock is losing 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 green color and prices are in or below the green cloud Prices appear to be coming down

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 358.33 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.