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(ASHOKAMET) Ashoka Metcast complete technical analysis [charts+indicators] | Buy/Sell Ashoka Metcast | (ASHOKAMET) share price targets

Complete technical analysis of Ashoka Metcast (ASHOKAMET) by charts plus indicators, forecast predictions and share price targets for Ashoka Metcast (ASHOKAMET)

Showing technical analysis as on 2024-08-28 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 106437

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	20.19	20.49	20.59	20.01	0.593 times
27 Tue Aug 2024	20.35	20.98	20.99	20.20	1.314 times
26 Mon Aug 2024	20.72	20.00	20.80	19.92	2.29 times
23 Fri Aug 2024	19.78	19.99	20.10	19.61	0.786 times
22 Thu Aug 2024	19.70	19.28	19.84	19.05	0.846 times
21 Wed Aug 2024	18.98	18.86	19.63	18.73	0.71 times
20 Tue Aug 2024	19.25	19.54	19.80	19.20	0.224 times
19 Mon Aug 2024	19.13	18.71	19.47	18.50	0.546 times
16 Fri Aug 2024	18.72	19.00	19.16	18.40	1.224 times
14 Wed Aug 2024	19.21	19.40	19.94	19.00	0.507 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 20.1, but if it comes below 20.1, then a intra day sell could be more profitable.
If you take a sell trade below 20.1, then use 20.1 as stoploss and 19.56 as target. However if you take a buy trade in stock , then use 20.1 as stoploss and 20.8 as target.

Share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Target	18.00
Downside Target	19.92
Upside Target	20.70
Upside Target	20.94
Upside Target	20.99
Upside Target	21.45
Upside Target	24.35
Upside Target	25.55
Upside Target	30.10
Upside Target	35.70

Intraday share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Intraday Target	19.74
Downside Intraday Target	19.3
Upside Intraday Target	20.81
Upside Intraday Target	21.44
Upside Intraday Target	20.37

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	20.19	20.00	20.99	19.92	1.349 times
23 Fri Aug 2024	19.78	18.71	20.10	18.50	0.786 times
16 Fri Aug 2024	18.72	20.43	20.43	18.25	0.987 times
09 Fri Aug 2024	19.83	19.20	20.94	18.37	0.988 times
02 Fri Aug 2024	20.02	20.44	20.70	19.28	1.076 times

Price has moved up 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 Ashoka Metcast (ASHOKAMET)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	20.19	20.40	20.99	18.25	0.901 times
31 Wed Jul 2024	20.25	20.49	21.45	19.01	0.199 times
28 Fri Jun 2024	20.05	25.00	25.55	18.79	3.086 times
31 Fri May 2024	24.35	18.80	24.35	18.00	2.813 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 Ashoka Metcast (ASHOKAMET)

Price action analysis of Ashoka Metcast ( (ASHOKAMET) ) based on a short 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 Ashoka Metcast ( (ASHOKAMET) ) 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 Ashoka Metcast ( (ASHOKAMET) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Ashoka Metcast stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Ashoka Metcast in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ashoka Metcast 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 coming down

CCI has generated a SELL signal for Ashoka Metcast in short term but SELL 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

Stock of Ashoka Metcast is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 19.83 and Ashoka Metcast (ASHOKAMET) 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 Ashoka Metcast (ASHOKAMET) stock. Volume based technical analysis of Ashoka Metcast (ASHOKAMET) stock is negative.

Ashoka Metcast 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.