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(AKSHOPTFBR) Aksh Optifibre complete technical analysis [charts+indicators] | Buy/Sell Aksh Optifibre | (AKSHOPTFBR) share price targets

Complete technical analysis of Aksh Optifibre (AKSHOPTFBR) by charts plus indicators, forecast predictions and share price targets for Aksh Optifibre (AKSHOPTFBR)

Aksh Optifibre trades in NSE in Telecom Cables sector.

Showing technical analysis as on 2024-08-06 View latest technical analysis

10 day averaged volume of Aksh Optifibre is 374987

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	8.46	8.68	8.73	8.40	0.661 times
05 Mon Aug 2024	8.58	8.80	8.80	8.50	0.638 times
02 Fri Aug 2024	8.93	9.00	9.00	8.84	0.439 times
01 Thu Aug 2024	9.03	9.20	9.28	8.90	0.977 times
31 Wed Jul 2024	9.16	8.80	9.16	8.70	2.205 times
30 Tue Jul 2024	8.73	8.88	8.88	8.65	0.762 times
29 Mon Jul 2024	8.81	9.05	9.14	8.56	1 times
26 Fri Jul 2024	8.99	8.93	9.14	8.61	1.666 times
25 Thu Jul 2024	8.86	8.50	8.86	8.39	0.67 times
24 Wed Jul 2024	8.44	8.44	8.68	8.33	0.993 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.5, but if it comes above 8.5, then a intra day buy could be more profitable.
If you take a sell trade below 8.5, then use 8.5 as stoploss and 8.2 as target. However if you take a buy trade in stock , then use 8.5 as stoploss and 8.81 as target.

Share price targets for Aksh Optifibre (AKSHOPTFBR)

Target Type	Value
Downside Target	8.15
Downside Target	8.40
Upside Target	8.80
Upside Target	9.14
Upside Target	9.30
Upside Target	9.65
Upside Target	10.55
Upside Target	11.25
Upside Target	13.00
Upside Target	13.40
Upside Target	15.85

Intraday share price targets for Aksh Optifibre (AKSHOPTFBR)

Target Type	Value
Downside Intraday Target	8.31
Downside Intraday Target	8.15
Upside Intraday Target	8.71
Upside Intraday Target	8.95
Upside Intraday Target	8.55

Weekly technical analysis of Aksh Optifibre (AKSHOPTFBR)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	8.46	8.80	8.80	8.40	0.241 times
02 Fri Aug 2024	8.93	9.05	9.28	8.56	1.074 times
26 Fri Jul 2024	8.99	8.50	9.14	8.15	1.928 times
19 Fri Jul 2024	8.53	8.92	9.14	8.47	0.269 times
12 Fri Jul 2024	8.78	8.64	9.65	8.56	0.359 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Aksh Optifibre (AKSHOPTFBR)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	8.46	9.20	9.28	8.40	0.128 times
31 Wed Jul 2024	9.16	8.64	9.65	8.15	0.207 times
10 Wed Jan 2024	14.20	12.65	15.85	11.25	1.5 times
27 Wed Sep 2023	12.80	11.25	13.40	10.55	0.813 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Aksh Optifibre (AKSHOPTFBR)

Price action analysis of Aksh Optifibre ( (AKSHOPTFBR) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Aksh Optifibre ( (AKSHOPTFBR) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Aksh Optifibre ( (AKSHOPTFBR) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Aksh Optifibre stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Aksh Optifibre in short term but the buy signal is initial and weak.

Aksh Optifibre Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Aksh Optifibre in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Aksh Optifibre is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.87 and Aksh Optifibre (AKSHOPTFBR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Aksh Optifibre (AKSHOPTFBR) stock. Volume based technical analysis of Aksh Optifibre (AKSHOPTFBR) stock is negative.

Aksh Optifibre Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.