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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 2024-06-06 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 222941

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	347.15	344.00	356.25	341.05	0.459 times
05 Wed Jun 2024	339.45	335.50	350.00	321.20	0.735 times
04 Tue Jun 2024	334.00	383.60	383.60	316.85	1.712 times
03 Mon Jun 2024	383.50	366.00	387.50	355.00	2.211 times
31 Fri May 2024	352.95	349.55	354.45	345.55	0.89 times
30 Thu May 2024	350.55	365.00	365.00	349.65	1.163 times
29 Wed May 2024	359.60	353.80	368.00	349.35	0.93 times
28 Tue May 2024	353.10	355.00	357.95	351.10	0.504 times
27 Mon May 2024	355.20	355.45	357.50	344.35	0.571 times
24 Fri May 2024	355.10	362.80	362.80	353.25	0.436 times

My analysis of stock is bearish for shortterm, and stock might move down till 332.9 or till 315.1. Use a stoploss of 347.74 and if the stock hits stoploss, then it can shoot up till 362.57

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	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	313.5
Downside Intraday Target	279.85
Upside Intraday Target	384.15
Upside Intraday Target	421.15
Upside Intraday Target	350.5

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	347.15	366.00	387.50	316.85	1.261 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
06 Thu Jun 2024	347.15	366.00	387.50	316.85	0.307 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL signal for Ashapura Minechem in short term but the sell signal is initial and weak.

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. Bears are getting stronger in this stock.

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 but BUY 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

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 355.88 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 positive

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