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Stock analysis Ashapura Minechem Limited ASHAPURMIN

More indepth analysis on MunafaSutra.com

Moving Averages for Ashapura Minechem Limited

  • 5Day Average: 367.49
  • 12Day Average: 369.07
  • 20Day Average: 390.16
  • 50Day Average: 382.38
  • 100Day Average: 371.34
  • 150Day Average: 345.7
  • 200Day Average: 293.01

ASHAPURMIN Indicators & signals

Indicator MACD (12,26,9)

374.69, 382.09, -4.76
Indicator MACD is in negative zone

Indicator ADX (14)

15.46, 16.54, 22.6
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ASHAPURMIN Ashapura Minechem Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Jul 2024 381.60 372.65 to 383.00 3.75% 0.82 times
25 Thu Jul 2024 367.80 365.00 to 379.75 -0.88% 0.55 times
24 Wed Jul 2024 371.05 358.25 to 374.70 3.5% 0.86 times
23 Tue Jul 2024 358.50 335.80 to 365.00 0% 0.87 times
23 Tue Jul 2024 358.50 335.80 to 365.00 0.59% 0.87 times
22 Mon Jul 2024 356.40 343.55 to 361.70 1.99% 0.77 times
19 Fri Jul 2024 349.45 341.20 to 371.05 -2.9% 1.22 times
18 Thu Jul 2024 359.90 358.40 to 373.80 -2.62% 0.89 times
16 Tue Jul 2024 369.60 367.20 to 381.80 -1.32% 0.98 times
15 Mon Jul 2024 374.55 372.00 to 390.00 -3.24% 1.71 times
12 Fri Jul 2024 387.10 385.95 to 405.00 -1.85% 1.29 times
11 Thu Jul 2024 394.40 392.50 to 416.75 -2.87% 2.53 times

Technical analysis forecast of Ashapura Minechem Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Ashapura Minechem Limited ASHAPURMIN at this time. Stock is rising and might rise more.

It appears as if Ashapura Minechem Limited ASHAPURMIN gave a large move recently.

Stock of Ashapura Minechem Limited (ASHAPURMIN) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Ashapura Minechem Limited is bullish for shortterm, and stock might move up till 408.7 or till 442.6. Use a stoploss of 380.45 and if this stock hits its stoploss, then it can fall down till 352.22

More indepth analysis on MunafaSutra.com