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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)

10 day averaged volume of Ashapura Minechem is 175217

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 359.00 352.40 362.00 344.85 1.36 times
21 Tue May 2024 351.85 346.75 353.95 340.85 1.108 times
20 Mon May 2024 346.65 346.75 355.00 339.05 0.293 times
17 Fri May 2024 345.25 348.80 351.95 341.00 0.509 times
16 Thu May 2024 348.15 346.50 351.00 344.65 0.934 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 362.1, for a target of 345.6 or 331.85

Share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type Value
Downside Target 302.90
Downside Target 313.00
Downside Target 325.95
Downside Target 339.05
Downside Target 349.90
Upside Target 362.00
Upside Target 394.25
Upside Target 405.45
Upside Target 408.80
Upside Target 430.00
Upside Target 454.30

Intraday share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type Value
Downside Intraday Target 344.7
Downside Intraday Target 330.4
Upside Intraday Target 367.65
Upside Intraday Target 376.3
Downside Intraday Target 353.35

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 359.00 346.75 362.00 339.05 0.471 times
17 Fri May 2024 345.25 318.95 353.85 313.00 1.374 times
10 Fri May 2024 312.45 320.00 330.05 303.90 1.535 times
03 Fri May 2024 317.65 336.95 342.95 315.00 0.665 times
26 Fri Apr 2024 334.15 342.95 349.90 329.25 2.23 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 Ashapura Minechem (ASHAPURMIN)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 359.00 333.15 362.00 303.90 1.511 times
30 Tue Apr 2024 332.75 375.95 394.25 325.95 0.717 times
28 Thu Mar 2024 375.95 399.90 405.45 302.90 1.036 times
29 Thu Feb 2024 397.15 353.70 430.00 353.00 0.753 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Ashapura Minechem (ASHAPURMIN)

Indicator Name Indicator Value Indicator Signal
ADX 25, 14, 31 Buy
MACD -1, -8Buy
Stochastics 91Buy
CCI 90Buy
RSI 47Sell
OBV 978481Sell
VWAP 339Buy
ADL 0Sell
ROC 13Buy
Force Index 0Sell

Price action analysis of Ashapura Minechem ( (ASHAPURMIN) ) based on a short 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 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 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 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 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ashapura Minechem in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 339.25 and Ashapura Minechem (ASHAPURMIN) 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) stock. Volume based technical analysis of Ashapura Minechem (ASHAPURMIN) 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.

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