ASHAPURMIN technical summary

At ₹408.65, Ashapura Minechem Ltd is trading 19.6% below its 50-day average of ₹508.53 and 31.1% below its 200-day average of ₹592.85. The 14-day RSI is 24.1, in oversold territory (30 or below). MACD is -28.67 against a signal line of -27.51, so the MACD line sits below its signal line. ADX(14) reads 39.4, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹404.1 to ₹924.9, with the price 1% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹421.4, resistance ₹438.7 and ₹449.3, support ₹410.8 and ₹393.5.