Stock is trading above 6 ma and 50 ma. If stock closes above 6ma trade will be confirmed on Friday. But entry will be best on gap filling @136. SL and target are mentioned in the chart. RR is almost 1:11. For any queries please comment below. Disclaimer : This analysis is not for trading recommendation. Thank you!
Ashapura watch for strong breakout💃 Patterns ✨️ Double bottom breakout done Channel breakout done And now waiting for horizontal range breakout🔥
Incorporated on 19th February 1982, Ashapura Minechem Ltd. is engaged in the mining, manufacturing and trading of various minerals and its derivative products. The company offers multi-mineral solutions across several industries from soaps to steel, energy to edible oils, metal to medicine and cement to ceramics. The company has its network of operations pan-India...
lets wait and watch if stock takes support & reverses from the trendline.
Ashapura mine CMP: 114 sl: 85(CB) target: open... Risky bet Note: educational post
This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
ASHAPUR MINE CHEM As per Daily chart analysis has a strong multi year resistance line at 111 level and after couple of months down trend channel the stock is moving up and once it breaks 111 level then target 118 is achievable
ashapurmin chart analysis for intraday and swing trading
The stock is currently trending in a flag pole pattern and looks to be a good break out candidate. Results are expected tomorrow and are expected to be good. Other Supporting Technicals: RSI - 64 (bullish but not overbought) ADX - 26 (suggesting strong trend) MACD is above its center and signal Line, this is a bullish indicator.
Ashapura Minchem Getting Ready to Fly
Buy Range: 161 to max 5% from breakout levels SL : 8% max Target : 15%
ashapurmin chart analysis for intraday and swing trading
eidparry chart analysis for intraday and swing trading
Ashapura Mine has given a breakout of its Cup and Handle Pattern on Weekly Chart. CMP: 155 SL: 115 Targets of 200-210 can be seen Disclaimer: This Chart is purely to study Price Action and for education. I strictly recommend you to contact your financial advisor and do your own Research before initiating any trade.
ashapurmin chart analysis for intraday and swing trading
CMP 153 BUY AND ACCUMULATE TILL 142 KEEP STOPLOSS AS 126 ON WEEKLY CLOSING BASIS SHORT TERM TARGETS 178/224/268 AGGRESSIVE TARGETS 267/318/342/379++++