Ashima Ltd

Stage 3 · Topping · week 2

As of 16 Oct 2026, Ashima is in Stage 3 — topping, where an uptrend loses steam, in week 2 (since 9 Oct 2026). It closed at ₹14.06, 37.7% below its 52-week high and below its 200-day average, which is falling. In Consumer Discretionary, 29.6% of stocks are in Stage 2.

Ashima Limited engages in real estate business in India. More about the company

₹14.1
-1.33% today
₹269 Cr · Micro cap
Market Neutral — FadingConsumer Discretionary 29.6% in Stage 2-5.1 pts / 20dTextiles 29.1%-2.6 pts

Pro read

Pro

Our read

Topping — the uptrend is tiring

Setup score

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Momentum

Steady

Edge

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Is ASHIMASYN early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-37.7%
₹11.8 lo₹22.6 hi
37.7% below 52W high — weakening from peak
Stock is rolling over from its 52W high. Stage 3 distribution — new longs are high risk here.
Stage Maturity
Week 2
1w13w26w
Week 2 — early distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
-12.9%
200 DMA: ₹16.1 · sloping down
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
0.51x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution — institutions are exiting. A clear warning to avoid new longs.
Trend Health
↓
MA20 rolling over · -8.3% vs MA50 -3.8%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-13.7%
3M
-2.1%
6M
-3.4%
YTD
-21.7%
1Y
-37.0%
Sector
Consumer Discretionary
↓ Peaking
Stage 2%
29.6%
20d Δ
-5.1pp
1M return
-2.1%
3M return
+0.3%
Sector Stage-2 % · last 20 days
Sector has 133 Stage 2 leaders. See Consumer Discretionary Stage 2 →
Industry
Textiles
↓ Peaking
Stage 2%
29.1%
20d Δ
-2.6pp
1M return
-0.1%
3M return
+2.7%
Industry Stage-2 % · last 20 days
Industry has 35 Stage 2 leaders. See Textiles Stage 2 →
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 24w
S2 16w
S4 15w
S4 42w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 2w → S4 9w → S1 3w → S2 24w → S3 5w → S2 16w → S3 13w → S2 7w → S4 15w → S1 6w → S2 4w → S3 1w → S4 42w → S1 8w → S4 3w → S1 3w → S2 6w → S3 1w current
Total tracked: 168 weeks across 18 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-08-27
4 appearances in last 60 days. First seen: 2024-05-23.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding — staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-16S3
Wk 2 · Vol 0.51x
2026-10-15S3
Wk 1 · Vol 0.29x
2026-10-14S3
Wk 1 · Vol 0.51x
2026-10-13S3
Wk 1 · Vol 0.15x
2026-10-12S3
Wk 1 · Vol 1.74x
2026-10-09S32→3
Wk 1 · Vol 0.39x
2026-10-08S2
Wk 6 · Vol 1.82x
2026-10-07S2
Wk 6 · Vol 1.18x
2026-10-06S2
Wk 6 · Vol 1.01x
2026-10-05S2
Wk 6 · Vol 0.95x
2026-10-01S2
Wk 5 · Vol 1.31x
2026-09-30S2
Wk 5 · Vol 0.22x
Sector Peers — Stage 2All →
SHANTIGOLD
wk 18 · 0.0% from hi
10.0
DPABHUSHAN
wk 8 · -5.9% from hi
9.2
SBC
wk 61 · -1.4% from hi
9.1
DELTACORP
wk 1 · -5.1% from hi
8.8
ISFT
wk 5 · -3.5% from hi
8.6
Moving averages & range
50 DMA
₹16.6
200 DMA
₹16.1
52W High
₹22.6
52W Low
₹11.8
5D Low
₹14.1
Resistance levels (recent highs)
20d High
₹16.1
60d High
₹18.9
120d High
₹18.9
250d High
₹22.6
Next resistance
+14.4%
to 20d High
Ask the Market AI about ASHIMASYNAsk →
About this companyConsumer Discretionary· Textiles

Ashima Limited engages in real estate business in India. It operates through Real Estate and Investment segments. The company provides portfolio management services. It also develops residential and commercial properties. Ashima Limited was incorporated in 1982 and is based in Ahmedabad, India. Ashima Limited is a subsidiary of Navchintan Trust.

Visit company website →

All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.