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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 306631

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 410.50 407.00 419.00 398.00 1.003 times
20 Thu Jun 2024 405.45 382.10 418.90 382.10 1.388 times
19 Wed Jun 2024 387.20 400.70 401.85 382.85 0.47 times
18 Tue Jun 2024 399.95 421.40 422.10 397.60 1.023 times
14 Fri Jun 2024 419.95 412.45 422.00 407.05 1.109 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 400.4, but if it comes below 400.4, then a intra day sell could be more profitable.
If you take a sell trade below 400.4, then use 400.4 as stoploss and 373.51 as target. However if you take a buy trade in stock , then use 400.4 as stoploss and 432.6 as target.

Share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type Value
Downside Target 302.90
Downside Target 316.85
Downside Target 325.95
Downside Target 339.05
Downside Target 353.00
Downside Target 368.00
Downside Target 382.10
Downside Target 394.25
Downside Target 405.45
Upside Target 422.00
Upside Target 422.10
Upside Target 430.00

Intraday share price targets for Ashapura Minechem (ASHAPURMIN)

Target Type Value
Downside Intraday Target 387.7
Downside Intraday Target 364.9
Upside Intraday Target 427.7
Upside Intraday Target 444.9
Downside Intraday Target 404.9

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 410.50 421.40 422.10 382.10 0.675 times
14 Fri Jun 2024 419.95 366.00 422.00 354.75 1.409 times
07 Fri Jun 2024 354.30 366.00 387.50 316.85 1.384 times
31 Fri May 2024 352.95 355.45 368.00 344.35 1.175 times
24 Fri May 2024 355.10 346.75 368.95 339.05 0.749 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
21 Fri Jun 2024 410.50 366.00 422.10 316.85 1.133 times
31 Fri May 2024 352.95 333.15 368.95 303.90 2.225 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 31, 16, 32 Buy
MACD 27, 22Buy
Stochastics 76Buy
CCI 61Buy
RSI 45Sell
OBV 2781770Sell
VWAP 401Buy
ADL 0Sell
ROC 18Buy
Force Index 0Sell

Price action analysis of Ashapura Minechem ( (ASHAPURMIN) ) 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 Ashapura Minechem ( (ASHAPURMIN) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 and the buy signal is strong.

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 and selling is picking up 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 400.78 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 positive

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

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