Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-23 View latest technical analysis

10 day averaged volume of Aksh Optifibre is 292987

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	8.36	8.38	8.46	8.31	0.65 times
20 Fri Sep 2024	8.32	8.27	8.39	8.22	0.919 times
19 Thu Sep 2024	8.27	8.46	8.48	8.16	1.1 times
18 Wed Sep 2024	8.33	8.48	8.48	8.20	1.107 times
17 Tue Sep 2024	8.35	8.78	8.78	8.30	1.609 times
16 Mon Sep 2024	8.58	8.88	8.88	8.49	0.901 times
13 Fri Sep 2024	8.71	8.69	8.88	8.66	0.866 times
12 Thu Sep 2024	8.68	8.85	8.95	8.56	1.112 times
11 Wed Sep 2024	8.76	8.95	8.95	8.71	0.875 times
10 Tue Sep 2024	8.85	8.71	9.10	8.71	1.101 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.4, but if it comes above 8.4, then a intra day buy could be more profitable.
If you take a sell trade below 8.4, then use 8.4 as stoploss and 8.1 as target. However if you take a buy trade in stock , then use 8.4 as stoploss and 8.72 as target.

Share price targets for Aksh Optifibre (AKSHOPTFBR)

Target Type	Value
Downside Target	8.15
Upside Target	9.10
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	8.29
Downside Intraday Target	8.23
Upside Intraday Target	8.44
Upside Intraday Target	8.53
Upside Intraday Target	8.38

Weekly technical analysis of Aksh Optifibre (AKSHOPTFBR)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	8.36	8.38	8.46	8.31	0.115 times
20 Fri Sep 2024	8.32	8.88	8.88	8.16	1.291 times
13 Fri Sep 2024	8.71	8.75	9.10	8.56	0.94 times
06 Fri Sep 2024	8.75	8.92	9.34	8.70	0.597 times
30 Fri Aug 2024	8.84	9.10	9.50	8.80	1.341 times

Price has moved up 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
23 Mon Sep 2024	8.36	8.92	9.34	8.16	0.35 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a SELL signal for Aksh Optifibre in short term and the sell signal is strong.

Aksh Optifibre Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a buy signal for Aksh Optifibre in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.51 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 negative.

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