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(ASAHIINDIA) Asahi India complete technical analysis [charts+indicators] | Buy/Sell Asahi India | (ASAHIINDIA) share price targets

Complete technical analysis of Asahi India (ASAHIINDIA) by charts plus indicators, forecast predictions and share price targets for Asahi India (ASAHIINDIA)

Asahi India trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-05-29 View latest technical analysis

10 day averaged volume of Asahi India is 97993

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	588.50	578.70	590.30	576.70	0.401 times
28 Tue May 2024	582.75	590.00	595.95	575.90	0.642 times
27 Mon May 2024	592.75	604.15	609.45	591.00	0.703 times
24 Fri May 2024	604.15	592.50	621.90	591.00	1.075 times
23 Thu May 2024	592.50	594.00	598.85	591.15	0.426 times
22 Wed May 2024	595.10	594.00	602.30	591.05	0.442 times
21 Tue May 2024	598.70	607.00	610.00	596.10	0.56 times
18 Sat May 2024	605.10	606.90	621.95	596.95	0.319 times
17 Fri May 2024	607.70	606.35	614.00	602.85	0.702 times
16 Thu May 2024	606.25	614.90	620.00	600.75	0.907 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 591.3, but if it comes above 591.3, then a intra day buy could be more profitable.
If you take a sell trade below 591.3, then use 591.3 as stoploss and 574.8 as target. However if you take a buy trade in stock , then use 591.3 as stoploss and 605.11 as target.

Share price targets for Asahi India (ASAHIINDIA)

Target Type	Value
Downside Target	501.55
Downside Target	521.20
Downside Target	538.05
Downside Target	559.95
Downside Target	575.90
Upside Target	617.95
Upside Target	618.70
Upside Target	621.90
Upside Target	627.00
Upside Target	637.45
Upside Target	660.00

Intraday share price targets for Asahi India (ASAHIINDIA)

Target Type	Value
Downside Intraday Target	573.12
Downside Intraday Target	557.73
Upside Intraday Target	606.67
Upside Intraday Target	624.83
Upside Intraday Target	591.28

Weekly technical analysis of Asahi India (ASAHIINDIA)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	588.50	604.15	609.45	575.90	0.697 times
24 Fri May 2024	604.15	607.00	621.90	591.00	0.265 times
18 Sat May 2024	605.10	613.70	627.00	584.10	0.259 times
10 Fri May 2024	608.15	600.10	660.00	599.30	10.973 times
03 Fri May 2024	603.00	611.00	617.95	595.00	0.407 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 Asahi India (ASAHIINDIA)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Wed May 2024	588.50	598.05	660.00	575.90	0.808 times
30 Tue Apr 2024	601.65	540.00	618.70	538.05	2.722 times
28 Thu Mar 2024	536.35	541.05	543.40	501.55	0.785 times
29 Thu Feb 2024	535.40	530.15	559.95	510.00	0.388 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 Asahi India (ASAHIINDIA)

Price action analysis of Asahi India ( (ASAHIINDIA) ) based on a short 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

Price action analysis of Asahi India ( (ASAHIINDIA) ) 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 Asahi India ( (ASAHIINDIA) ) 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 Asahi India ( (ASAHIINDIA) ) 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 Asahi India stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Asahi India in short term but the sell signal is initial and weak.

Asahi India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a buy signal for Asahi India 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 negative zone. This is the SELL zone

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

Stock of Asahi India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 598.43 and Asahi India (ASAHIINDIA) 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 Asahi India (ASAHIINDIA) stock. Volume based technical analysis of Asahi India (ASAHIINDIA) stock is negative.

Asahi India Stock has given negative 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.