Ashapura Logistics Technical Analysis

Ashapura Logistics Ltd Technical Analysis

Ashapura Logistics Ltd technical analysis is gaining attention among traders and investors tracking Ashapura Logistics Ltd Technical Analysis trends in the Indian stock market. Ashapura Logistics Ltd (NSE: ASHALOG, BSE: 92994) is currently trading at ₹62.90, showing a 0.48% move as of Wed, Apr 08, 2026.

This detailed Ashapura Logistics Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Ashapura Logistics Ltd Stock Overview

Ashapura Logistics Ltd operates in the Transportation sector under the Air freight/Couriers industry. With a market capitalization of ₹736.78M and a PE ratio of 6.55, Ashapura Logistics Ltd remains a key stock to watch in Ashapura Logistics Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹736.78M
• PE Ratio: 6.55
• Dividend Yield: 0
• Sector: Transportation
• Industry: Air freight/Couriers

These fundamentals play an important role in Ashapura Logistics Ltd technical analysis and valuation tracking.

Ashapura Logistics Ltd Support and Resistance Levels

Classic Pivot Levels

In Ashapura Logistics Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 84.27
• Resistance 2: 70.27
• Resistance 1: 62.53
• Pivot Point: 56.27
• Support 1: 48.53
• Support 2: 42.27
• Support 3: 28.27

Conditional Insight

Ashapura Logistics Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 48.53 and 42.27.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Ashapura Logistics Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 70.27
• Fibonacci R2: 64.92
• Fibonacci R1: 61.61
• Fibonacci Pivot: 56.27
• Fibonacci S1: 50.92
• Fibonacci S2: 47.61
• Fibonacci S3: 42.27

Ashapura Logistics Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Ashapura Logistics Ltd Moving Average Analysis

Moving averages are key indicators in Ashapura Logistics Ltd technical analysis for identifying trend direction.

• 10 EMA: 60.90
• 20 EMA: 60.32
• 30 EMA: 60.68
• 50 EMA: 61.89
• 100 EMA: 64.53
• 200 EMA: 70.30

Trend Logic

Ashapura Logistics Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Ashapura Logistics Ltd technical analysis remains positive above 200 EMA.

Ashapura Logistics Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 57.84
• MACD: 0.13
• Signal: -0.84
• ADX: 16.61
• Momentum: 3.05

RSI Logic

Ashapura Logistics Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Ashapura Logistics Ltd technical analysis indicates bearish momentum with MACD below signal line.

Ashapura Logistics Ltd Overall Recommendation

• Overall Recommendation Score: 0.13
• Moving Average Recommendation: 0.27
• Other Indicators Recommendation: 0

Overall Ashapura Logistics Ltd technical analysis sentiment remains neutral with mixed signals.

Ashapura Logistics Ltd Technical Analysis Conclusion

Ashapura Logistics Ltd technical analysis suggests that traders should closely monitor price action around ₹62.90 and key pivot level 56.27. Breakouts above resistance or breakdown below support will define the next trend in Ashapura Logistics Ltd technical analysis.

Investors searching for Ashapura Logistics Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Ashapura Logistics Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.