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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 2024-10-17 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 286912

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	304.45	307.10	311.95	302.85	0.353 times
16 Wed Oct 2024	306.20	311.05	312.90	304.00	0.714 times
15 Tue Oct 2024	311.05	314.95	315.30	309.00	0.398 times
14 Mon Oct 2024	314.60	324.00	324.70	311.80	0.794 times
11 Fri Oct 2024	322.90	297.00	339.75	295.05	5.007 times
10 Thu Oct 2024	296.25	296.65	300.00	294.00	0.31 times
09 Wed Oct 2024	295.15	294.95	298.95	294.05	0.273 times
08 Tue Oct 2024	294.20	281.40	297.65	281.05	0.432 times
07 Mon Oct 2024	281.35	305.20	308.45	278.80	1.089 times
04 Fri Oct 2024	304.45	305.25	314.95	300.10	0.501 times

My analysis of stock is bearish for shortterm, and stock might move down till 296.3 or till 285.8. Use a stoploss of 305.01 and if the stock hits stoploss, then it can shoot up till 313.73

Share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type	Value
Downside Target	278.80
Downside Target	289.10
Downside Target	297.85
Upside Target	315.65
Upside Target	326.70
Upside Target	335.80
Upside Target	339.75
Upside Target	342.80
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	296.63
Downside Intraday Target	288.82
Upside Intraday Target	318.48
Upside Intraday Target	332.52
Upside Intraday Target	310.67

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	304.45	324.00	324.70	302.85	0.318 times
11 Fri Oct 2024	322.90	305.20	339.75	278.80	2.834 times
04 Fri Oct 2024	304.45	305.25	316.50	299.50	0.498 times
27 Fri Sep 2024	305.25	315.00	315.65	297.85	1.436 times
20 Fri Sep 2024	311.10	317.20	326.70	305.10	0.497 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
17 Thu Oct 2024	304.45	302.45	339.75	278.80	0.5 times
30 Mon Sep 2024	300.95	340.00	342.80	289.10	0.989 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 but SELL signal is weak.

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

Although the stock is in the BUY zone, but buying 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 311.51 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.