Ashapura Minechem Technical Analysis

Ashapura Minechem Ltd Technical Analysis

Ashapura Minechem Ltd technical analysis is gaining attention among traders and investors tracking Ashapura Minechem Ltd Technical Analysis trends in the Indian stock market. Ashapura Minechem Ltd (NSE: ASHAPURMIN, BSE: 527001) is currently trading at ₹528.50, showing a -2.59% move as of Wed, Mar 04, 2026.

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

Ashapura Minechem Ltd Stock Overview

Ashapura Minechem Ltd operates in the Non-energy minerals sector under the Other metals/Minerals industry. With a market capitalization of ₹50.48B and a PE ratio of 13.39, Ashapura Minechem Ltd remains a key stock to watch in Ashapura Minechem Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹50.48B
• PE Ratio: 13.39
• Dividend Yield: 0.19
• Sector: Non-energy minerals
• Industry: Other metals/Minerals

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

Ashapura Minechem Ltd Support and Resistance Levels

Classic Pivot Levels

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

• Resistance 3: 1065.32
• Resistance 2: 828.87
• Resistance 1: 678.68
• Pivot Point: 592.42
• Support 1: 442.23
• Support 2: 355.97
• Support 3: 119.52

Conditional Insight

Ashapura Minechem Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 442.23 and 355.97.

Fibonacci Levels Analysis

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

• Fibonacci R3: 828.87
• Fibonacci R2: 738.54
• Fibonacci R1: 682.74
• Fibonacci Pivot: 592.42
• Fibonacci S1: 502.09
• Fibonacci S2: 446.29
• Fibonacci S3: 355.97

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

Ashapura Minechem Ltd Moving Average Analysis

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

• 10 EMA: 535.75
• 20 EMA: 571.67
• 30 EMA: 605.05
• 50 EMA: 644.66
• 100 EMA: 658.29
• 200 EMA: 609.91

Trend Logic

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

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

Ashapura Minechem Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 32.55
• MACD: -50.56
• Signal: -53.80
• ADX: 32.18
• Momentum: -21.35

RSI Logic

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

MACD Logic

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

Ashapura Minechem Ltd Overall Recommendation

• Overall Recommendation Score: -0.51
• Moving Average Recommendation: -0.93
• Other Indicators Recommendation: -0.09

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

Ashapura Minechem Ltd Technical Analysis Conclusion

Ashapura Minechem Ltd technical analysis suggests that traders should closely monitor price action around ₹528.50 and key pivot level 592.42. Breakouts above resistance or breakdown below support will define the next trend in Ashapura Minechem Ltd technical analysis.

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