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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 2024-06-18 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 301650

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	399.95	421.40	422.10	397.60	1.04 times
14 Fri Jun 2024	419.95	412.45	422.00	407.05	1.127 times
13 Thu Jun 2024	412.45	415.00	418.00	402.85	1.487 times
12 Wed Jun 2024	403.45	391.70	407.00	391.55	1.297 times
11 Tue Jun 2024	388.60	361.60	395.00	360.25	1.587 times
10 Mon Jun 2024	357.70	366.00	366.00	354.75	0.35 times
07 Fri Jun 2024	354.30	350.00	357.95	348.10	0.369 times
06 Thu Jun 2024	347.15	344.00	356.25	341.05	0.34 times
05 Wed Jun 2024	339.45	335.50	350.00	321.20	0.544 times
04 Tue Jun 2024	334.00	383.60	383.60	316.85	1.266 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 391.4, but if it comes below 391.4, then a intra day sell could be more profitable.
If you take a sell trade below 391.4, then use 391.4 as stoploss and 367.04 as target. However if you take a buy trade in stock , then use 391.4 as stoploss and 420.5 as target.

Share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Target	302.90
Downside Target	316.85
Downside Target	325.95
Downside Target	340.85
Downside Target	353.00
Downside Target	368.00
Downside Target	387.50
Downside Target	397.60
Upside Target	405.45
Upside Target	422.00
Upside Target	422.10
Upside Target	430.00

Intraday share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Intraday Target	391
Downside Intraday Target	382.05
Upside Intraday Target	415.5
Upside Intraday Target	431.05
Upside Intraday Target	406.55

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	399.95	421.40	422.10	397.60	0.178 times
14 Fri Jun 2024	419.95	366.00	422.00	354.75	1.409 times
07 Fri Jun 2024	354.30	366.00	387.50	316.85	1.384 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

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
18 Tue Jun 2024	399.95	366.00	422.10	316.85	0.897 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 green color and prices are above the green 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

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 385.25 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.