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(ASHAPURMIN_BE) Ashapura Minechem complete technical analysis [charts+indicators] | Buy/Sell Ashapura Minechem | (ASHAPURMIN_BE) share price targets

Complete technical analysis of Ashapura Minechem (ASHAPURMIN_BE) by charts plus indicators, forecast predictions and share price targets for Ashapura Minechem (ASHAPURMIN_BE)

Showing technical analysis as on 2024-02-08 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 118662

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	405.95	405.25	411.00	400.15	0.814 times
07 Wed Feb 2024	405.25	400.00	414.85	400.00	0.692 times
06 Tue Feb 2024	400.15	401.00	409.70	390.00	1.156 times
05 Mon Feb 2024	401.90	420.00	424.95	400.00	1.309 times
02 Fri Feb 2024	420.75	422.40	425.95	415.00	0.836 times
01 Thu Feb 2024	418.00	421.50	423.50	414.50	0.785 times
31 Wed Jan 2024	419.30	426.25	429.80	415.25	1.055 times
30 Tue Jan 2024	426.20	436.05	436.05	425.25	0.575 times
05 Fri Jan 2024	435.90	420.00	437.95	413.00	2.658 times
04 Thu Jan 2024	417.10	415.00	421.55	413.00	0.536 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 407.2, but if it comes above 407.2, then a intra day buy could be more profitable.
If you take a sell trade below 407.2, then use 407.2 as stoploss and 390.9 as target. However if you take a buy trade in stock , then use 407.2 as stoploss and 420.8 as target.

Share price targets for Ashapura Minechem (ASHAPURMIN_BE)

Target Type	Value
Downside Target	273.00
Downside Target	291.00
Downside Target	344.70
Downside Target	357.75
Downside Target	380.00
Downside Target	390.00
Downside Target	405.65
Upside Target	414.50
Upside Target	436.05
Upside Target	437.95
Upside Target	450.00
Upside Target	459.25
Upside Target	483.20

Intraday share price targets for Ashapura Minechem (ASHAPURMIN_BE)

Target Type	Value
Downside Intraday Target	388.98
Downside Intraday Target	372.02
Upside Intraday Target	423.93
Upside Intraday Target	441.92
Upside Intraday Target	406.97

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	405.95	420.00	424.95	390.00	1.222 times
02 Fri Feb 2024	420.75	436.05	436.05	414.50	0.706 times
05 Fri Jan 2024	435.90	414.00	437.95	405.65	0.974 times
22 Fri Dec 2023	418.55	447.00	450.00	390.25	0.62 times
15 Fri Dec 2023	447.20	448.80	459.25	419.00	0.536 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	405.95	421.50	425.95	390.00	0.897 times
31 Wed Jan 2024	419.30	414.00	437.95	405.65	0.219 times
22 Fri Dec 2023	418.55	368.85	483.20	357.75	0.792 times
30 Thu Nov 2023	363.35	302.00	380.00	291.00	1.059 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 Ashapura Minechem (ASHAPURMIN_BE)

Price action analysis of Ashapura Minechem ( (ASHAPURMIN_BE) ) 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_BE) ) based on a short to mid 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_BE) ) 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 SELL. Signal strength is Weak and stock is losing momentum.

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

Ashapura Minechem 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Ashapura Minechem in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 417.53 and Ashapura Minechem (ASHAPURMIN_BE) 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 Ashapura Minechem (ASHAPURMIN_BE) stock. Volume based technical analysis of Ashapura Minechem (ASHAPURMIN_BE) stock is negative.

Ashapura Minechem 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.