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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 2024-09-26 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 206203

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	301.90	304.45	309.00	297.85	2.015 times
25 Wed Sep 2024	303.45	310.00	313.00	298.50	1.099 times
24 Tue Sep 2024	306.25	309.00	315.65	303.60	0.997 times
23 Mon Sep 2024	307.05	315.00	315.00	305.05	1.226 times
20 Fri Sep 2024	311.10	315.00	317.90	305.10	1.144 times
19 Thu Sep 2024	313.30	323.00	326.70	310.60	1.142 times
18 Wed Sep 2024	319.55	318.40	323.00	316.50	0.704 times
17 Tue Sep 2024	317.15	321.90	324.00	315.00	0.536 times
16 Mon Sep 2024	321.50	317.20	326.65	310.35	1.358 times
13 Fri Sep 2024	310.75	314.00	318.00	309.00	0.809 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 303.1, but if it comes above 303.1, then a intra day buy could be more profitable.
If you take a sell trade below 303.1, then use 303.1 as stoploss and 291.4 as target. However if you take a buy trade in stock , then use 303.1 as stoploss and 312.82 as target.

Share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Target	289.10
Downside Target	297.85
Upside Target	303.90
Upside Target	315.65
Upside Target	335.80
Upside Target	342.80
Upside Target	368.95
Upside Target	370.00
Upside Target	377.00
Upside Target	442.75
Upside Target	453.35

Intraday share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Intraday Target	294.62
Downside Intraday Target	287.33
Upside Intraday Target	312.42
Upside Intraday Target	322.93
Upside Intraday Target	305.13

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	301.90	315.00	315.65	297.85	1.093 times
20 Fri Sep 2024	311.10	317.20	326.70	305.10	0.497 times
13 Fri Sep 2024	310.75	313.45	318.00	289.10	1.259 times
06 Fri Sep 2024	311.70	340.00	342.80	308.80	0.692 times
30 Fri Aug 2024	339.00	329.80	370.00	322.10	1.325 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
26 Thu Sep 2024	301.90	340.00	342.80	289.10	0.897 times
30 Fri Aug 2024	339.00	370.00	377.00	321.10	1.302 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY signal for Ashapura Minechem in short term but the buy signal is initial and weak.

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 SELL signal for Ashapura Minechem in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 310.08 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.