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ASHAPURA MINECHEM LTDASHAPURA MINECHEM LTDASHAPURA MINECHEM LTD

ASHAPURA MINECHEM LTD

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ASHAPURMIN trade ideas

Ashapura Minechem LtdDate : 20.02.2025 Ashapura Minechem Ltd NSE: ASHAPURMIN Timeframe : Day Chart Technical Remarks : 1 Can enter once/after crosses 100% of Wave C 2 Got support from 200 ema 3 Breakout of neckline of Ascending broadening wedge will initiate new impulsive wave will review as well whether making 5-3-5-3-5 wave or 3-3-5 wave Fundamental Remarks : Strengths The company has shown a good profit growth of 44.10% for the Past 3 years. Company has been maintaining healthy ROE of 31.72% over the past 3 years. Company has been maintaining healthy ROCE of 43.01% over the past 3 years. Company has a healthy Interest coverage ratio of 11.33. Company’s PEG ratio is 0.01. The company has an efficient Cash Conversion Cycle of 1.65 days. The company has a strong degree of Operating leverage, Average Operating leverage stands at 5.12. Limitations The company has shown a poor revenue growth of -7.54% for the Past 3 years. Company has contingent liabilities of 249.62 Cr. Company has negative cash flow from operations of -12.88. Tax rate is low at -10.20. The company is trading at a high EV/EBITDA of 47.70. Regards, Ankur
NSE:ASHAPURMINLong
by AnkurSingh
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Round Bottom Breakout in ASHAPURMIN BUY TODAY SELL TOMORROW for 5%
NSE:ASHAPURMIN
by Kapil-Mittal
4
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in ASHAPURMIN BUY TODAY SELL TOMORROW for 5%
NSE:ASHAPURMINLong
by Kapil-Mittal
2
Ashapura Minechem - All Time Breakout after 17 yearsAshapura Minechem has give ATH breakout after 17 years. Technically this stock can go to whooping 24500. Other factors: 1. 3rd largest producer of Bentonite in the world 2. Promoters have increased stake 3. Electrification, E-cars, Solar panels gives huge opportunity 4. Technically, has given breakout after 17 years 5. Has done a retracement of ~55% from its high price before moving up and giving a breakout 6. Monthly volumes have been steady Looking at the above parameters and opportunities ahead, this stock is poised to move up to our immediate targets and a big buy for longterm. Keep this stock in your radar. Keep following @Cleaneasycharts as we provide Right Stock at Right Time at Right Price. Cheers!!
NSE:ASHAPURMINLong
by Cleaneasycharts
13
Amazing breakout on WEEKLY Timeframe - ASHAPURMINCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL. Checkout an amazing breakout happened in the stock in Weekly timeframe. Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run. Time makes money, GREEDY & EGO will not make money. Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
NSE:ASHAPURMINLong
by Yoyohoneysingh93
Stock Analysis: #ASHAPURMIN – A Comeback to Breakout LevelsHello, Traders! 👋 After falling nearly 60% from its previous high, #ASHAPURMIN is back at its breakout level. Here's what stands out: 📈 Technical Overview: 🔹 My ILTF indicator signaled an entry back in November amidst strong volume candles, and the stock has risen 34% since then. 🔹 Currently at a potential breakout zone, making it an interesting setup for breakout traders. 💡 My Position: I’m not holding any position in this stock. Sharing this for learning purposes only. ⚠️ Disclaimer: 🔹 I am not a SEBI-registered advisor. 🔹 This analysis reflects my personal views and is not a recommendation to buy or sell. 🔹 Please do your own research or consult a professional before making any trading decisions. What’s your view on #ASHAPURMIN? Could this be the next breakout trade? 🚀 #TradingView #StockAnalysis #BreakoutTrading #MomentumStocks #ASHAPURMIN
NSE:ASHAPURMINLong
by Inwardlocus
ASHAPURMIN is Set to rally! Time to go Long!Hey Family, there is a one more stock Which is showing a great opportunity. Key Points:- * Formation of Ascending Triangle Pattern in Daily TF. * From Dec 2023 to Jan 2025 Tested Resistance Many times. * It's Break resistance Zone and trying to Sustain above Resistance Zone with good volume good closing required. * Volume Accumulation (Volume is Rising). What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
NSE:ASHAPURMINLong
by ChartSight
7
Ashapurmin- Breakout from a resistance. Ashapurmin- Not falling much in this weak market. Broke out of previous resistance. No resistance to the left. Good RSI Buy a small qty at CMP. Wait for a Weekly close above 485 to add more. Wait for a retest and reversal of 485 to add the rest. ⚠️Risky- since we are trading against the overall Market Trend. Beginners do not attempt the trade. Risk management and position sizing is key. Trade very Light. High probability of the trade going against us. ❗️Disclaimer: This is for educational purposes only. Consult your financial advisor before making any investment decisions.
NSE:ASHAPURMINLong
by sagartharayil
ASHAPURMIN bullish breakout above 487..?? - 8th Jan. ASHAPURMIN: Bullish if ~One year long consolidation range (@487)is broken on good volumes and sustains. The above information does not constitute investment/trading recommendation and it is purely for educational purpose.... INTRADAY Trading Strategy in 3 stages of breakouts: 1) Impulse upmove stage: The strong upmove (nearly upto 1.5% from trigger-price) happens within five minutes. "High Risk Traders" buy on breakouts in hope of continuation of upmove. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk:High reward set up as breakouts may fakeout (reversal)also 2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). "Safe traders" with minimum risk profile wait for a breakout from the consolidation stage to enter into trade , to book high profits in the final "Breakout continuation" stage 3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.(another 2-3%) Both Safe Traders/High Risk Traders book profits at this stage SWING Trading Strategy: Position is kept open, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) The above information do not constitute, financial, investment, trading, or other types of advice or recommendation. It is purely for educational purpose....
NSE:ASHAPURMINLong
by JJ_Breakouts
2
ASHAPURA MINECHEM - NEW IMPULSE - BULLISHHi Folks, Stock has seen a major breakout on weekly charts from falling wedge pattern. RSI has broken out to confirm the upmove. Closing above 30 WEMA also provide more indications at the change of trend for coming months. Elliott Wave Analysis 1. Completed an ongoing impulse with a divergent 3-5 wave. 2. Correction of the impulse seems to be completed wherein RSI cooled off. 3. Outbreak in RSI, price and volume support indicates towards shift of trend. 4. Halt weekly candle or a follow up move shall confirm the upmove for mid term. 5. Larger structure remains bullish. 6. Targets of larger 5 wave are already marked with fic projections. Disclaimer - Please trade at your own risk, just for educational purposes.
NSE:ASHAPURMINLong
by KunalSaxena10