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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 2024-08-20 View latest technical analysis

10 day averaged volume of Aksh Optifibre is 877786

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	9.06	9.15	9.34	9.05	0.312 times
19 Mon Aug 2024	9.27	9.31	9.34	9.14	0.542 times
16 Fri Aug 2024	9.12	9.00	9.34	8.94	1.42 times
14 Wed Aug 2024	8.72	8.88	8.92	8.68	0.21 times
13 Tue Aug 2024	8.73	8.91	9.08	8.62	0.554 times
12 Mon Aug 2024	8.96	9.16	9.16	8.91	0.429 times
09 Fri Aug 2024	9.06	9.75	9.88	9.00	0.956 times
08 Thu Aug 2024	9.67	9.90	10.23	9.48	3.787 times
07 Wed Aug 2024	9.30	8.70	9.30	8.60	1.547 times
06 Tue Aug 2024	8.46	8.68	8.73	8.40	0.283 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 9.2 as stoploss in an intra day sell trade for a target of 8.91. However, stock will show a bullish move above 9.2.

Share price targets for Aksh Optifibre (AKSHOPTFBR)

Target Type	Value
Downside Target	8.15
Downside Target	8.40
Downside Target	9.05
Upside Target	9.65
Upside Target	10.23
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	8.96
Downside Intraday Target	8.86
Upside Intraday Target	9.25
Upside Intraday Target	9.44
Upside Intraday Target	9.15

Weekly technical analysis of Aksh Optifibre (AKSHOPTFBR)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	9.06	9.31	9.34	9.05	0.327 times
16 Fri Aug 2024	9.12	9.16	9.34	8.62	0.382 times
09 Fri Aug 2024	9.06	8.80	10.23	8.40	2.976 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

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
20 Tue Aug 2024	9.06	9.20	10.23	8.40	1.204 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 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.

Price action analysis of Aksh Optifibre ( (AKSHOPTFBR) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Aksh Optifibre ( (AKSHOPTFBR) ) based on a short to mid 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.

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 BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

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 but SELL signal is weak.

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 9.3 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.