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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 2024-09-16 View latest technical analysis

10 day averaged volume of Ashoka Metcast is 57007

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	20.31	19.62	20.47	19.62	2.463 times
13 Fri Sep 2024	19.91	19.41	20.00	19.36	1.006 times
12 Thu Sep 2024	19.46	19.60	20.00	19.33	1.29 times
11 Wed Sep 2024	19.79	19.60	20.00	19.45	0.698 times
10 Tue Sep 2024	19.40	20.15	20.15	19.20	0.644 times
09 Mon Sep 2024	19.73	20.05	20.05	19.24	0.929 times
06 Fri Sep 2024	19.73	19.80	20.20	19.50	1.109 times
05 Thu Sep 2024	19.48	19.69	19.72	19.32	0.507 times
04 Wed Sep 2024	19.40	19.80	20.00	19.09	1.029 times
03 Tue Sep 2024	19.79	19.05	20.20	19.05	1.22 times

Stock of Ashoka Metcast (ASHOKAMET) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 20.2, but if it comes below 20.2, then a intra day sell could be more profitable.
If you take a sell trade below 20.2, then use 20.2 as stoploss and 19.78 as target. However if you take a buy trade in stock , then use 20.2 as stoploss and 20.7 as target.

Share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Target	18.00
Downside Target	19.62
Downside Target	20.15
Upside Target	20.39
Upside Target	20.47
Upside Target	21.45
Upside Target	21.50
Upside Target	24.35
Upside Target	25.55

Intraday share price targets for Ashoka Metcast (ASHOKAMET)

Target Type	Value
Downside Intraday Target	19.8
Downside Intraday Target	19.28
Upside Intraday Target	20.65
Upside Intraday Target	20.98
Downside Intraday Target	20.13

Weekly technical analysis of Ashoka Metcast (ASHOKAMET)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	20.31	19.62	20.47	19.62	0.539 times
13 Fri Sep 2024	19.91	20.05	20.15	19.20	0.841 times
06 Fri Sep 2024	19.73	20.39	20.39	19.05	0.517 times
30 Fri Aug 2024	20.06	20.00	21.50	19.92	1.809 times
23 Fri Aug 2024	19.78	18.71	20.10	18.50	0.786 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
16 Mon Sep 2024	20.31	20.39	20.47	19.05	0.365 times
30 Fri Aug 2024	20.06	20.40	21.50	18.25	0.977 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

Scroll below to view daily charts

Price has moved up 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Ashoka Metcast ( (ASHOKAMET) ) 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 Ashoka Metcast ( (ASHOKAMET) ) based on a mid to longer 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.

ADX buy sell signal for Ashoka Metcast stock for short term is BUY. Signal strength is Weak and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Ashoka Metcast in short term and BUY signal is strong.

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 19.79 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.