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(ASHIMASYN) Ashima complete technical analysis [charts+indicators] | Buy/Sell Ashima | (ASHIMASYN) share price targets

Complete technical analysis of Ashima (ASHIMASYN) by charts plus indicators, forecast predictions and share price targets for Ashima (ASHIMASYN)

Ashima trades in NSE in Textiles sector.

Showing technical analysis as on 2024-08-06 View latest technical analysis

10 day averaged volume of Ashima is 931737

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	42.08	40.70	42.74	40.70	1.256 times
05 Mon Aug 2024	40.71	40.85	41.78	40.60	0.921 times
02 Fri Aug 2024	42.74	40.85	43.38	40.84	0.614 times
01 Thu Aug 2024	42.08	43.99	44.42	41.82	0.83 times
31 Wed Jul 2024	43.63	43.49	44.21	43.01	0.692 times
30 Tue Jul 2024	43.27	44.84	45.17	42.72	1.296 times
29 Mon Jul 2024	44.84	46.41	47.55	44.20	1.083 times
26 Fri Jul 2024	46.11	46.10	47.00	45.46	1.448 times
25 Thu Jul 2024	45.35	44.25	46.35	43.81	1.102 times
24 Wed Jul 2024	44.27	42.83	44.50	42.52	0.739 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.1, but if it comes above 42.1, then a intra day buy could be more profitable.
If you take a sell trade below 42.1, then use 42.1 as stoploss and 40.5 as target. However if you take a buy trade in stock , then use 42.1 as stoploss and 43.49 as target.

Share price targets for Ashima (ASHIMASYN)

Target Type	Value
Downside Target	17.75
Downside Target	19.00
Downside Target	23.60
Downside Target	26.00
Downside Target	35.60
Downside Target	39.67
Downside Target	40.60
Upside Target	42.74
Upside Target	44.42
Upside Target	45.57
Upside Target	47.00
Upside Target	47.55
Upside Target	49.24
Upside Target	51.60

Intraday share price targets for Ashima (ASHIMASYN)

Target Type	Value
Downside Intraday Target	40.87
Downside Intraday Target	39.67
Upside Intraday Target	43.01
Upside Intraday Target	43.95
Downside Intraday Target	41.81

Weekly technical analysis of Ashima (ASHIMASYN)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	42.08	40.85	42.74	40.60	0.482 times
02 Fri Aug 2024	42.74	46.41	47.55	40.84	0.83 times
26 Fri Jul 2024	46.11	43.16	47.00	41.42	0.862 times
19 Fri Jul 2024	43.25	40.61	45.57	39.67	0.802 times
12 Fri Jul 2024	41.43	47.89	49.24	41.43	0.412 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 Ashima (ASHIMASYN)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	42.08	43.99	44.42	40.60	0.087 times
31 Wed Jul 2024	43.63	47.00	51.60	39.67	0.853 times
28 Fri Jun 2024	44.86	33.15	45.09	26.00	0.654 times
31 Fri May 2024	30.70	22.10	35.60	19.00	5.336 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 Ashima (ASHIMASYN)

Price action analysis of Ashima ( (ASHIMASYN) ) 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 Ashima ( (ASHIMASYN) ) based on a short to mid 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 Ashima ( (ASHIMASYN) ) 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 Ashima stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Ashima 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 buy signal for Ashima in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 Ashima is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 43.66 and Ashima (ASHIMASYN) 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 Ashima (ASHIMASYN) stock. Volume based technical analysis of Ashima (ASHIMASYN) stock is negative.

Ashima 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.