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(AKSHOPTFBR_BE) Aksh Optifibre complete technical analysis [charts+indicators] | Buy/Sell Aksh Optifibre | (AKSHOPTFBR_BE) share price targets

Complete technical analysis of Aksh Optifibre (AKSHOPTFBR_BE) by charts plus indicators, forecast predictions and share price targets for Aksh Optifibre (AKSHOPTFBR_BE)

10 day averaged volume of Aksh Optifibre is 169924

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	9.60	9.15	9.60	9.05	2.527 times
24 Wed Apr 2024	9.15	9.20	9.35	9.10	0.486 times
23 Tue Apr 2024	9.20	9.30	9.45	9.05	0.782 times
22 Mon Apr 2024	9.15	9.15	9.35	9.15	0.629 times
19 Fri Apr 2024	9.15	9.20	9.25	8.85	0.306 times
18 Thu Apr 2024	9.20	9.40	9.50	9.10	0.709 times
16 Tue Apr 2024	9.15	8.95	9.30	8.85	0.776 times
15 Mon Apr 2024	8.95	9.20	9.20	8.80	1.846 times
12 Fri Apr 2024	9.25	9.10	9.45	9.10	1.594 times
10 Wed Apr 2024	9.30	9.40	9.40	9.00	1.285 times

Stock of Aksh Optifibre (AKSHOPTFBR_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 9.5, but if it comes below 9.5, then a intra day sell could be more profitable.
If you take a sell trade below 9.5, then use 9.5 as stoploss and 9.06 as target. However if you take a buy trade in stock , then use 9.5 as stoploss and 10.1 as target.

Share price targets for Aksh Optifibre (AKSHOPTFBR_BE)

Target Type	Value
Downside Target	7.90
Downside Target	8.20
Downside Target	8.65
Downside Target	9.00
Downside Target	9.50
Upside Target	9.90
Upside Target	10.35
Upside Target	11.05
Upside Target	11.70
Upside Target	12.10
Upside Target	13.60
Upside Target	14.00

Intraday share price targets for Aksh Optifibre (AKSHOPTFBR_BE)

Target Type	Value
Downside Intraday Target	9.23
Downside Intraday Target	8.87
Upside Intraday Target	9.78
Upside Intraday Target	9.97
Downside Intraday Target	9.42

Weekly technical analysis of Aksh Optifibre (AKSHOPTFBR_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	9.60	9.15	9.60	9.05	1.217 times
19 Fri Apr 2024	9.15	9.20	9.50	8.80	0.605 times
12 Fri Apr 2024	9.25	9.40	9.65	9.00	0.881 times
05 Fri Apr 2024	9.60	8.35	9.90	8.20	0.334 times
28 Thu Mar 2024	8.05	8.65	8.65	7.90	1.491 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	9.60	8.35	9.90	8.20	0.35 times
28 Thu Mar 2024	8.05	10.60	11.05	7.90	1.029 times
29 Thu Feb 2024	10.65	12.40	13.60	10.35	1.359 times
31 Wed Jan 2024	12.25	13.90	14.00	11.70	0.642 times

Scroll below to view daily charts

Price has moved up 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_BE)

Price action analysis of Aksh Optifibre ( (AKSHOPTFBR_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Aksh Optifibre ( (AKSHOPTFBR_BE) ) 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_BE) ) 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_BE) ) 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 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Aksh Optifibre in short term and BUY 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 9.26 and Aksh Optifibre (AKSHOPTFBR_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Aksh Optifibre (AKSHOPTFBR_BE) stock. Volume based technical analysis of Aksh Optifibre (AKSHOPTFBR_BE) 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.