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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 2024-09-02 View latest technical analysis

10 day averaged volume of Aksh Optifibre is 397768

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	8.73	8.92	8.92	8.70	0.643 times
30 Fri Aug 2024	8.84	8.95	9.05	8.80	0.801 times
29 Thu Aug 2024	8.94	9.15	9.15	8.92	0.563 times
28 Wed Aug 2024	9.03	9.39	9.45	9.02	1.09 times
27 Tue Aug 2024	9.37	8.99	9.50	8.82	2.718 times
26 Mon Aug 2024	8.91	9.10	9.10	8.87	0.555 times
23 Fri Aug 2024	8.97	8.95	9.08	8.85	0.703 times
22 Thu Aug 2024	8.88	9.06	9.12	8.85	0.955 times
21 Wed Aug 2024	9.03	9.19	9.19	9.00	0.729 times
20 Tue Aug 2024	9.06	9.15	9.34	9.05	0.688 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 8.7 as stoploss in an intra day buy trade for a target of 8.98. However, stock will show a bearish move below 8.7.

Share price targets for Aksh Optifibre (AKSHOPTFBR)

Target Type	Value
Downside Target	8.15
Downside Target	8.40
Downside Target	8.62
Upside Target	9.34
Upside Target	9.50
Upside Target	9.65
Upside Target	10.23
Upside Target	10.55
Upside Target	11.25
Upside Target	13.40
Upside Target	15.85

Intraday share price targets for Aksh Optifibre (AKSHOPTFBR)

Target Type	Value
Downside Intraday Target	8.65
Downside Intraday Target	8.56
Upside Intraday Target	8.87
Upside Intraday Target	9
Upside Intraday Target	8.78

Weekly technical analysis of Aksh Optifibre (AKSHOPTFBR)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	8.73	8.92	8.92	8.70	0.112 times
30 Fri Aug 2024	8.84	9.10	9.50	8.80	1.341 times
23 Fri Aug 2024	8.97	9.31	9.34	8.85	0.741 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

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
02 Mon Sep 2024	8.73	8.92	8.92	8.70	0.02 times
30 Fri Aug 2024	8.84	9.20	10.23	8.40	1.61 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

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.

Aksh Optifibre Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 9.06 and Aksh Optifibre (AKSHOPTFBR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been positive

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