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 2024-01-08 View latest technical analysis

10 day averaged volume of Aksh Optifibre is 3883994

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	14.40	14.40	15.40	14.20	0.542 times
05 Fri Jan 2024	14.40	14.80	15.85	14.00	1.606 times
04 Thu Jan 2024	14.70	13.85	14.85	13.80	1.91 times
03 Wed Jan 2024	13.75	12.35	14.30	12.35	2.485 times
02 Tue Jan 2024	12.25	12.50	12.65	12.10	0.391 times
01 Mon Jan 2024	12.45	12.65	12.95	11.25	0.913 times
27 Wed Sep 2023	12.80	13.15	13.20	12.60	0.293 times
26 Tue Sep 2023	13.15	12.85	13.30	12.85	0.465 times
25 Mon Sep 2023	12.80	12.15	13.40	11.75	1.179 times
22 Fri Sep 2023	11.90	11.75	12.30	11.45	0.394 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13.6, but if it comes below 13.6, then a intra day sell could be more profitable.
If you take a sell trade below 13.6, then use 13.6 as stoploss and 12.4 as target. However if you take a buy trade in stock , then use 13.6 as stoploss and 14.9 as target.

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	11.75
Downside Target	12.30
Downside Target	13.00
Downside Target	13.40
Downside Target	14.20
Upside Target	15.40
Upside Target	15.85

Intraday share price targets for Aksh Optifibre (AKSHOPTFBR)

Target Type	Value
Downside Intraday Target	13.93
Downside Intraday Target	13.47
Upside Intraday Target	15.13
Upside Intraday Target	15.87
Upside Intraday Target	14.67

Weekly technical analysis of Aksh Optifibre (AKSHOPTFBR)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	14.40	14.40	15.40	14.20	0.074 times
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

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
08 Mon Jan 2024	14.40	12.65	15.85	11.25	1.189 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 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 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 positive zone. This is a BUY 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 13.65 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.