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(ASHAPURMIN_BE) Ashapura Minechem complete technical analysis [charts+indicators] | Buy/Sell Ashapura Minechem | (ASHAPURMIN_BE) share price targets

Complete technical analysis of Ashapura Minechem (ASHAPURMIN_BE) by charts plus indicators, forecast predictions and share price targets for Ashapura Minechem (ASHAPURMIN_BE)

10 day averaged volume of Ashapura Minechem is 142450

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	345.30	348.10	355.95	344.00	0.599 times
10 Wed Apr 2024	355.10	347.05	361.30	347.05	0.912 times
09 Tue Apr 2024	346.45	346.30	352.00	344.00	0.296 times
08 Mon Apr 2024	347.15	350.00	357.50	341.10	0.845 times
05 Fri Apr 2024	349.15	344.00	354.00	336.70	0.669 times
04 Thu Apr 2024	351.65	327.40	361.50	327.40	2.306 times
03 Wed Apr 2024	344.60	344.60	344.60	344.60	0.249 times
15 Fri Mar 2024	334.00	354.00	354.00	324.50	0.965 times
14 Thu Mar 2024	337.15	306.00	337.50	305.40	1.484 times
13 Wed Mar 2024	321.45	335.00	343.90	321.45	0.725 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 336.5 as stoploss in an intra day buy trade for a target of 355.93. However, stock will show a bearish move below 336.5.

Share price targets for Ashapura Minechem (ASHAPURMIN_BE)

Target Type	Value
Downside Target	305.40
Downside Target	327.40
Downside Target	341.10
Upside Target	351.00
Upside Target	374.40
Upside Target	378.50
Upside Target	391.00
Upside Target	405.65
Upside Target	425.95
Upside Target	437.95
Upside Target	483.20

Intraday share price targets for Ashapura Minechem (ASHAPURMIN_BE)

Target Type	Value
Downside Intraday Target	337.17
Downside Intraday Target	329.03
Upside Intraday Target	357.37
Upside Intraday Target	369.43
Upside Intraday Target	349.23

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	345.30	350.00	361.30	341.10	0.823 times
05 Fri Apr 2024	349.15	344.60	361.50	327.40	0.577 times
15 Fri Mar 2024	334.00	362.40	374.40	305.40	9.913 times
07 Thu Mar 2024	362.40	378.00	378.50	361.60	0.084 times
16 Fri Feb 2024	353.70	385.00	391.00	351.00	1.558 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	345.30	344.60	361.50	327.40	0.955 times
15 Fri Mar 2024	334.00	378.00	378.50	305.40	0.497 times
16 Fri Feb 2024	353.70	421.50	425.95	351.00	2.383 times
31 Wed Jan 2024	419.30	414.00	437.95	405.65	0.219 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_BE)

Price action analysis of Ashapura Minechem ( (ASHAPURMIN_BE) ) 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_BE) ) 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_BE) ) 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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 but buying 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 343.93 and Ashapura Minechem (ASHAPURMIN_BE) 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_BE) stock. Volume based technical analysis of Ashapura Minechem (ASHAPURMIN_BE) stock is negative.

Ashapura Minechem Stock is giving positive 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.