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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 2024-08-23 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 211629

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	324.95	338.30	339.95	321.10	4.269 times
22 Thu Aug 2024	336.25	342.00	350.20	335.00	1.155 times
21 Wed Aug 2024	343.50	334.50	351.00	330.00	1.349 times
20 Tue Aug 2024	331.00	337.00	339.25	329.55	0.805 times
19 Mon Aug 2024	333.35	330.65	336.40	329.15	0.717 times
16 Fri Aug 2024	330.20	345.85	349.05	328.40	1.352 times
14 Wed Aug 2024	344.35	332.50	347.00	324.15	1.327 times
13 Tue Aug 2024	337.50	338.50	346.95	334.70	0.939 times
12 Mon Aug 2024	337.55	343.65	351.05	335.25	1.321 times
09 Fri Aug 2024	349.95	348.85	356.55	341.45	0.635 times

Stock of Ashapura Minechem (ASHAPURMIN) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 331.7, but if it comes above 331.7, then a intra day buy could be more profitable.
If you take a sell trade below 331.7, then use 331.7 as stoploss and 313.1 as target. However if you take a buy trade in stock , then use 331.7 as stoploss and 347.14 as target.

Share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Target	303.90
Downside Target	316.85
Upside Target	335.80
Upside Target	350.70
Upside Target	356.55
Upside Target	368.95
Upside Target	377.00
Upside Target	383.00
Upside Target	389.75
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	313.7
Downside Intraday Target	302.45
Upside Intraday Target	343.6
Upside Intraday Target	362.25
Upside Intraday Target	332.35

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	324.95	330.65	351.00	321.10	1.679 times
16 Fri Aug 2024	330.20	343.65	351.05	324.15	1.232 times
09 Fri Aug 2024	349.95	352.55	356.55	336.00	0.845 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	324.95	370.00	377.00	321.10	0.829 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 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 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 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 Strong and stock is gaining momentum.

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

RSI is generating a SELL signal in short term

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 334.04 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.