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 2024-11-21 View latest technical analysis

10 day averaged volume of Aksh Optifibre is 1246907

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	9.43	10.00	10.00	9.37	0.437 times
19 Tue Nov 2024	10.01	10.24	10.41	9.65	0.198 times
18 Mon Nov 2024	9.99	10.64	10.68	9.80	0.396 times
14 Thu Nov 2024	10.46	10.25	10.83	10.25	0.497 times
13 Wed Nov 2024	10.25	11.14	11.14	10.16	0.571 times
12 Tue Nov 2024	11.00	11.61	11.72	10.65	0.826 times
11 Mon Nov 2024	11.61	11.85	12.20	11.45	1.503 times
08 Fri Nov 2024	11.71	10.69	12.35	10.31	4.83 times
07 Thu Nov 2024	10.47	10.36	10.89	10.28	0.588 times
06 Wed Nov 2024	10.26	10.20	10.47	10.15	0.36 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 9.2, for a target of 9.9 or 10.39

Share price targets for Aksh Optifibre (AKSHOPTFBR)

Target Type	Value
Downside Target	7.90
Downside Target	8.15
Downside Target	8.40
Downside Target	9.34
Upside Target	10.00
Upside Target	10.68
Upside Target	10.85
Upside Target	12.05
Upside Target	12.20
Upside Target	12.35

Intraday share price targets for Aksh Optifibre (AKSHOPTFBR)

Target Type	Value
Downside Intraday Target	8.97
Downside Intraday Target	8.52
Upside Intraday Target	10.28
Upside Intraday Target	11.14
Upside Intraday Target	9.83

Weekly technical analysis of Aksh Optifibre (AKSHOPTFBR)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	9.43	10.64	10.68	9.37	0.303 times
14 Thu Nov 2024	10.46	11.85	12.20	10.16	0.54 times
08 Fri Nov 2024	11.71	10.65	12.35	10.00	3.154 times
01 Fri Nov 2024	10.64	9.81	10.85	9.60	0.228 times
25 Fri Oct 2024	9.92	11.39	12.05	9.55	0.593 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
21 Thu Nov 2024	9.43	10.56	12.35	9.37	0.362 times
31 Thu Oct 2024	10.33	9.28	12.05	7.90	5.512 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

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 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 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 SELL signal for Aksh Optifibre in short term but the sell 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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 11.18 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.