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(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 2024-05-02 View latest technical analysis

10 day averaged volume of Ashima is 1022396

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	22.20	22.10	22.45	22.10	0.379 times
30 Tue Apr 2024	22.35	22.85	23.10	22.20	0.348 times
29 Mon Apr 2024	22.85	22.50	23.60	22.30	1.282 times
26 Fri Apr 2024	22.15	21.90	22.75	21.40	0.967 times
25 Thu Apr 2024	21.70	22.50	22.50	21.55	0.585 times
24 Wed Apr 2024	22.25	22.45	22.90	21.50	1.985 times
23 Tue Apr 2024	21.45	18.45	21.95	18.40	3.811 times
22 Mon Apr 2024	18.30	18.45	18.55	18.05	0.319 times
19 Fri Apr 2024	18.15	18.60	18.70	17.75	0.355 times
18 Thu Apr 2024	18.75	18.70	19.20	18.40	0.175 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21.8, but if it comes below 21.8, then a intra day sell could be more profitable.
If you take a sell trade below 21.8, then use 21.8 as stoploss and 20.24 as target. However if you take a buy trade in stock , then use 21.8 as stoploss and 23.6 as target.

Share price targets for Ashima (ASHIMASYN)

Target Type	Value
Downside Target	16.90
Downside Target	17.75
Downside Target	18.95
Downside Target	20.35
Downside Target	22.10
Upside Target	22.45
Upside Target	22.80
Upside Target	22.90
Upside Target	22.95
Upside Target	23.60
Upside Target	26.15

Intraday share price targets for Ashima (ASHIMASYN)

Target Type	Value
Downside Intraday Target	21.67
Downside Intraday Target	21.13
Upside Intraday Target	23.17
Upside Intraday Target	24.13
Upside Intraday Target	22.63

Weekly technical analysis of Ashima (ASHIMASYN)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	22.20	22.50	23.60	22.10	0.262 times
26 Fri Apr 2024	22.15	18.45	22.90	18.05	8.099 times
19 Fri Apr 2024	18.15	18.95	19.20	17.75	1.544 times
12 Fri Apr 2024	19.05	20.25	20.35	18.95	0.315 times
05 Fri Apr 2024	20.15	18.10	20.65	18.10	1.779 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
02 Thu May 2024	22.20	22.10	22.45	22.10	0.03 times
30 Tue Apr 2024	22.35	18.10	23.60	17.75	1.034 times
28 Thu Mar 2024	18.00	21.25	22.95	17.80	0.346 times
29 Thu Feb 2024	21.25	20.20	26.15	19.40	1.05 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 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 Ashima ( (ASHIMASYN) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Ashima in short term and the buy signal is strong.

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

Ashima Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ashima 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 21.66 and Ashima (ASHIMASYN) 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 Ashima (ASHIMASYN) stock. Volume based technical analysis of Ashima (ASHIMASYN) stock is negative.

Ashima Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.