Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ASHIMASYN) Ashima complete technical analysis [charts+indicators] | Buy/Sell Ashima | (ASHIMASYN) share price targets

Complete technical analysis of Ashima (ASHIMASYN) by charts plus indicators, forecast predictions and share price targets for Ashima (ASHIMASYN)

Ashima trades in NSE in Textiles sector.

Showing technical analysis as on 2024-03-18 View latest technical analysis

10 day averaged volume of Ashima is 961440

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	19.30	18.90	19.70	18.75	0.468 times
15 Fri Mar 2024	18.70	19.30	19.75	18.00	0.732 times
14 Thu Mar 2024	19.35	19.35	19.70	18.60	0.692 times
13 Wed Mar 2024	18.40	20.45	20.90	18.30	0.93 times
12 Tue Mar 2024	20.25	22.40	22.95	19.75	1.702 times
11 Mon Mar 2024	22.15	19.70	22.70	19.20	4.208 times
07 Thu Mar 2024	19.40	19.10	19.75	19.10	0.254 times
06 Wed Mar 2024	19.05	19.95	20.05	18.65	0.732 times
05 Tue Mar 2024	20.00	20.45	20.85	19.85	0.449 times
04 Mon Mar 2024	20.45	21.25	21.30	20.00	0.249 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.4, but if it comes above 19.4, then a intra day buy could be more profitable.
If you take a sell trade below 19.4, then use 19.4 as stoploss and 17.7 as target. However if you take a buy trade in stock , then use 19.4 as stoploss and 20.74 as target.

Share price targets for Ashima (ASHIMASYN)

Target Type	Value
Downside Target	14.10
Downside Target	15.60
Downside Target	16.90
Downside Target	18.00
Downside Target	18.65
Downside Target	19.30
Upside Target	21.30
Upside Target	21.75
Upside Target	22.60
Upside Target	22.80
Upside Target	22.95
Upside Target	24.10
Upside Target	26.15

Intraday share price targets for Ashima (ASHIMASYN)

Target Type	Value
Downside Intraday Target	18.8
Downside Intraday Target	18.3
Upside Intraday Target	19.75
Upside Intraday Target	20.2
Downside Intraday Target	19.25

Weekly technical analysis of Ashima (ASHIMASYN)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	19.30	18.90	19.70	18.75	0.057 times
15 Fri Mar 2024	18.70	19.70	22.95	18.00	4.906 times
07 Thu Mar 2024	19.40	21.25	21.30	18.65	0.721 times
02 Sat Mar 2024	21.05	22.35	22.60	19.95	0.723 times
23 Fri Feb 2024	22.15	22.40	24.10	21.75	0.58 times

Price has moved up 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 Ashima (ASHIMASYN)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	19.30	21.25	22.95	18.00	0.282 times
29 Thu Feb 2024	21.25	20.20	26.15	19.40	1.05 times
31 Wed Jan 2024	20.20	17.45	22.80	16.90	2.648 times
29 Fri Dec 2023	17.10	15.95	19.30	15.60	1.689 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 Ashima (ASHIMASYN)

Price action analysis of Ashima ( (ASHIMASYN) ) 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 Ashima ( (ASHIMASYN) ) 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 Ashima ( (ASHIMASYN) ) based on a mid to longer 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.

ADX buy sell signal for Ashima stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Ashima Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ashima in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Ashima is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 20.53 and Ashima (ASHIMASYN) 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 Ashima (ASHIMASYN) stock. Volume based technical analysis of Ashima (ASHIMASYN) stock is negative.

Ashima 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.