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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 2024-08-06 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 185163

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	340.55	347.00	355.90	338.00	1.141 times
05 Mon Aug 2024	342.15	352.55	354.95	336.00	1.389 times
02 Fri Aug 2024	361.55	350.70	364.85	350.70	0.877 times
01 Thu Aug 2024	357.90	370.00	377.00	353.00	1.428 times
31 Wed Jul 2024	369.25	373.00	375.85	364.05	1.011 times
30 Tue Jul 2024	371.25	373.00	377.00	366.85	1.064 times
29 Mon Jul 2024	369.20	387.50	389.75	364.10	1.04 times
26 Fri Jul 2024	381.60	374.40	383.00	372.65	0.843 times
25 Thu Jul 2024	367.80	368.00	379.75	365.00	0.566 times
24 Wed Jul 2024	371.05	364.00	374.70	358.25	0.887 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 349.7, but if it comes above 349.7, then a intra day buy could be more profitable.
If you take a sell trade below 349.7, then use 349.7 as stoploss and 323.9 as target. However if you take a buy trade in stock , then use 349.7 as stoploss and 371.15 as target.

Share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Target	303.90
Downside Target	316.85
Downside Target	325.95
Downside Target	335.80
Upside Target	350.70
Upside Target	368.95
Upside Target	377.00
Upside Target	389.75
Upside Target	390.00
Upside Target	394.25
Upside Target	442.75
Upside Target	453.35

Intraday share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Intraday Target	332.4
Downside Intraday Target	324.25
Upside Intraday Target	352.3
Upside Intraday Target	364.05
Upside Intraday Target	344.15

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	340.55	352.55	355.90	336.00	0.467 times
02 Fri Aug 2024	361.55	387.50	389.75	350.70	1.359 times
26 Fri Jul 2024	381.60	358.95	383.00	335.80	0.803 times
19 Fri Jul 2024	349.45	387.00	390.00	341.20	0.545 times
12 Fri Jul 2024	387.10	429.75	442.75	385.95	1.689 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 Tue Aug 2024	340.55	370.00	377.00	336.00	0.182 times
31 Wed Jul 2024	369.25	409.80	442.75	335.80	0.822 times
28 Fri Jun 2024	406.10	366.00	453.35	316.85	1.612 times
31 Fri May 2024	352.95	333.15	368.95	303.90	2.225 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 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 mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

MACD generated a SELL signal for Ashapura Minechem in short term and the sell signal is strong.

Ashapura Minechem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

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 but selling is losing 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 361.43 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.