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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 2024-02-16 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 154148

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	353.70	373.00	373.00	351.00	0.826 times
15 Thu Feb 2024	364.35	378.00	378.00	354.50	1.481 times
14 Wed Feb 2024	373.15	363.80	374.00	355.05	1.141 times
13 Tue Feb 2024	363.80	361.00	375.00	357.85	1.543 times
12 Mon Feb 2024	376.65	385.00	391.00	372.45	1.21 times
09 Fri Feb 2024	392.05	407.70	414.00	386.30	0.924 times
08 Thu Feb 2024	405.95	405.25	411.00	400.15	0.627 times
07 Wed Feb 2024	405.25	400.00	414.85	400.00	0.533 times
06 Tue Feb 2024	400.15	401.00	409.70	390.00	0.89 times
05 Mon Feb 2024	401.90	420.00	424.95	400.00	1.008 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 351.3, for a target of 379.2 or 402.4

Share price targets for Ashapura Minechem (ASHAPURMIN_BE)

Target Type	Value
Downside Target	273.00
Downside Target	291.00
Downside Target	344.70
Upside Target	380.00
Upside Target	405.65
Upside Target	414.50
Upside Target	424.95
Upside Target	425.95
Upside Target	436.05
Upside Target	437.95
Upside Target	450.00
Upside Target	483.20

Intraday share price targets for Ashapura Minechem (ASHAPURMIN_BE)

Target Type	Value
Downside Intraday Target	339.47
Downside Intraday Target	325.23
Upside Intraday Target	379.47
Upside Intraday Target	405.23
Upside Intraday Target	365.23

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	353.70	385.00	391.00	351.00	1.558 times
09 Fri Feb 2024	392.05	420.00	424.95	386.30	1.591 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ashapura Minechem (ASHAPURMIN_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	353.70	421.50	425.95	351.00	2.383 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, and volume has increased substantially. This means that the move can 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 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 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 Strong and stock is gaining momentum.

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

Ashapura Minechem 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 red color and prices are below the red cloud Prices appear to be coming down

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 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 379.91 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 negative.

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