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(ANIKINDS) Anik Industries complete technical analysis [charts+indicators] | Buy/Sell Anik Industries | (ANIKINDS) share price targets

Complete technical analysis of Anik Industries (ANIKINDS) by charts plus indicators, forecast predictions and share price targets for Anik Industries (ANIKINDS)

Anik Industries trades in NSE in Other Agricultural Products sector.

Showing technical analysis as on 2024-07-22 View latest technical analysis

10 day averaged volume of Anik Industries is 260504

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	68.47	68.50	71.98	67.53	0.228 times
19 Fri Jul 2024	70.10	74.00	74.16	68.94	0.486 times
18 Thu Jul 2024	72.56	68.00	74.45	64.92	0.992 times
16 Tue Jul 2024	67.98	69.37	72.18	66.50	1.309 times
15 Mon Jul 2024	65.62	63.54	69.91	63.50	2.114 times
12 Fri Jul 2024	63.56	66.70	67.76	62.20	1.478 times
11 Thu Jul 2024	61.60	57.01	61.60	56.16	1.553 times
10 Wed Jul 2024	56.00	56.81	60.00	55.07	0.65 times
09 Tue Jul 2024	55.07	54.56	58.50	54.56	0.556 times
08 Mon Jul 2024	55.29	53.30	57.28	51.48	0.746 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 65, but if it comes below 65, then a intra day sell could be more profitable.
If you take a sell trade below 65, then use 65 as stoploss and 57.64 as target. However if you take a buy trade in stock , then use 65 as stoploss and 73.9 as target.

Share price targets for Anik Industries (ANIKINDS)

Target Type	Value
Downside Target	41.05
Downside Target	46.00
Downside Target	49.30
Downside Target	51.48
Downside Target	53.51
Downside Target	56.80
Downside Target	60.90
Downside Target	63.50
Downside Target	65.30
Downside Target	67.53
Downside Target	67.76
Upside Target	71.98
Upside Target	74.45

Intraday share price targets for Anik Industries (ANIKINDS)

Target Type	Value
Downside Intraday Target	66.67
Downside Intraday Target	64.88
Upside Intraday Target	71.12
Upside Intraday Target	73.78
Upside Intraday Target	69.33

Weekly technical analysis of Anik Industries (ANIKINDS)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	68.47	68.50	71.98	67.53	0.047 times
19 Fri Jul 2024	70.10	63.54	74.45	63.50	0.984 times
12 Fri Jul 2024	63.56	53.30	67.76	51.48	9.54 times
05 Fri Jul 2024	52.08	50.00	53.51	49.81	0.856 times
28 Fri Jun 2024	50.25	50.45	53.99	49.30	0.576 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 Anik Industries (ANIKINDS)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	68.47	50.00	74.45	49.81	4.375 times
28 Fri Jun 2024	50.25	48.10	57.92	41.60	2.264 times
31 Fri May 2024	47.50	54.40	56.80	46.00	0.241 times
30 Tue Apr 2024	55.10	44.00	60.90	42.10	0.606 times

Scroll below to view daily charts

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

Indicators analysis of Anik Industries (ANIKINDS)

Price action analysis of Anik Industries ( (ANIKINDS) ) 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 Anik Industries ( (ANIKINDS) ) based on a short to mid 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 Anik Industries ( (ANIKINDS) ) 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 Anik Industries stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Anik Industries in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Anik Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Anik Industries 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Anik Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 64.01 and Anik Industries (ANIKINDS) 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 Anik Industries (ANIKINDS) stock. Volume based technical analysis of Anik Industries (ANIKINDS) stock is negative.

Anik Industries Stock is giving positive 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.