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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 2024-10-03 View latest technical analysis

10 day averaged volume of Aksh Optifibre is 456658

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	8.47	8.86	8.86	8.31	1.264 times
01 Tue Oct 2024	8.86	9.28	9.39	8.71	2.219 times
30 Mon Sep 2024	9.02	8.20	9.02	8.17	3.644 times
27 Fri Sep 2024	8.20	8.25	8.29	8.18	0.38 times
26 Thu Sep 2024	8.24	8.23	8.28	8.18	0.446 times
25 Wed Sep 2024	8.23	8.28	8.36	8.20	0.487 times
24 Tue Sep 2024	8.26	8.47	8.47	8.24	0.402 times
23 Mon Sep 2024	8.36	8.38	8.46	8.31	0.417 times
20 Fri Sep 2024	8.32	8.27	8.39	8.22	0.589 times
19 Thu Sep 2024	8.27	8.46	8.48	8.16	0.706 times

My analysis of stock is bearish for shortterm, and stock might move down till 8.3 or till 8. Use a stoploss of 8.54 and if the stock hits stoploss, then it can shoot up till 8.8

Share price targets for Aksh Optifibre (AKSHOPTFBR)

Target Type	Value
Downside Target	8.15
Upside Target	8.88
Upside Target	9.10
Upside Target	9.34
Upside Target	9.39
Upside Target	9.65
Upside Target	10.23
Upside Target	11.25
Upside Target	15.85

Intraday share price targets for Aksh Optifibre (AKSHOPTFBR)

Target Type	Value
Downside Intraday Target	7.96
Downside Intraday Target	7.46
Upside Intraday Target	9.18
Upside Intraday Target	9.9
Upside Intraday Target	8.68

Weekly technical analysis of Aksh Optifibre (AKSHOPTFBR)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	8.47	8.20	9.39	8.17	3.344 times
27 Fri Sep 2024	8.20	8.38	8.47	8.18	0.589 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Aksh Optifibre (AKSHOPTFBR)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	8.47	9.28	9.39	8.31	0.23 times
30 Mon Sep 2024	9.02	8.92	9.34	8.16	0.541 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

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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Aksh Optifibre ( (AKSHOPTFBR) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Aksh Optifibre stock for short term is BUY. Signal strength is Strong 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. Bulls 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 but SELL 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

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 8.68 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 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.