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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 2024-01-05 View latest technical analysis

10 day averaged volume of Aksh Optifibre is 3296490

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	14.40	14.80	15.85	14.00	1.892 times
04 Thu Jan 2024	14.70	13.85	14.85	13.80	2.25 times
03 Wed Jan 2024	13.75	12.35	14.30	12.35	2.927 times
02 Tue Jan 2024	12.25	12.50	12.65	12.10	0.461 times
01 Mon Jan 2024	12.45	12.65	12.95	11.25	1.076 times
27 Wed Sep 2023	12.80	13.15	13.20	12.60	0.345 times
26 Tue Sep 2023	13.15	12.85	13.30	12.85	0.548 times
25 Mon Sep 2023	12.80	12.15	13.40	11.75	1.39 times
22 Fri Sep 2023	11.90	11.75	12.30	11.45	0.464 times
21 Thu Sep 2023	11.55	11.15	12.30	11.05	0.431 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 14.6, for a target of 13.3 or 12.28

Share price targets for Aksh Optifibre (AKSHOPTFBR)

Target Type	Value
Downside Target	8.00
Downside Target	9.15
Downside Target	10.55
Downside Target	10.90
Downside Target	11.25
Downside Target	11.70
Downside Target	12.30
Downside Target	12.95
Downside Target	13.00
Downside Target	13.40
Upside Target	15.85

Intraday share price targets for Aksh Optifibre (AKSHOPTFBR)

Target Type	Value
Downside Intraday Target	11.82
Downside Intraday Target	9.23
Upside Intraday Target	16.42
Upside Intraday Target	18.43
Downside Intraday Target	13.83

Weekly technical analysis of Aksh Optifibre (AKSHOPTFBR)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	14.40	12.65	15.85	11.25	3.771 times
27 Wed Sep 2023	12.80	12.15	13.40	11.75	1.945 times
22 Fri Sep 2023	11.90	11.00	12.30	10.90	1.14 times
15 Fri Sep 2023	11.00	12.40	12.45	10.55	0.507 times
08 Fri Sep 2023	12.30	12.20	12.95	11.70	0.891 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
05 Fri Jan 2024	14.40	12.65	15.85	11.25	1.107 times
27 Wed Sep 2023	12.80	11.25	13.40	10.55	0.813 times
31 Thu Aug 2023	11.00	9.65	13.00	9.30	1.403 times
31 Mon Jul 2023	9.55	8.50	10.90	8.00	2.544 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)

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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Aksh Optifibre 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.

Aksh Optifibre Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

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 13.54 and Aksh Optifibre (AKSHOPTFBR) 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) 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 positive

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