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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)

Showing technical analysis as on 2024-03-18 View latest technical analysis

10 day averaged volume of Aksh Optifibre is 409283

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	8.95	9.05	9.25	8.85	0.518 times
15 Fri Mar 2024	9.05	9.30	9.30	8.70	0.819 times
14 Thu Mar 2024	9.10	8.65	9.10	8.40	1.282 times
13 Wed Mar 2024	8.70	9.00	9.25	8.70	1.827 times
12 Tue Mar 2024	9.15	9.65	9.80	9.15	1.031 times
11 Mon Mar 2024	9.60	10.30	10.30	9.50	1.218 times
07 Thu Mar 2024	10.00	9.90	10.25	9.85	0.702 times
06 Wed Mar 2024	10.05	10.60	10.85	10.00	1.723 times
05 Tue Mar 2024	10.50	10.75	10.95	10.35	0.769 times
04 Mon Mar 2024	10.75	11.00	11.00	10.65	0.368 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.4, but if it comes above 9.4, then a intra day buy could be more profitable.
If you take a sell trade below 9.4, then use 9.4 as stoploss and 8.2 as target. However if you take a buy trade in stock , then use 9.4 as stoploss and 10.4 as target.

Share price targets for Aksh Optifibre (AKSHOPTFBR_BE)

Target Type	Value
Downside Target	8.40
Downside Target	8.85
Upside Target	9.25
Upside Target	9.70
Upside Target	10.30
Upside Target	11.00
Upside Target	11.25
Upside Target	11.70
Upside Target	12.10
Upside Target	12.20
Upside Target	13.60
Upside Target	14.00

Intraday share price targets for Aksh Optifibre (AKSHOPTFBR_BE)

Target Type	Value
Downside Intraday Target	8.78
Downside Intraday Target	8.62
Upside Intraday Target	9.18
Upside Intraday Target	9.42
Upside Intraday Target	9.02

Weekly technical analysis of Aksh Optifibre (AKSHOPTFBR_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	8.95	9.05	9.25	8.85	0.084 times
15 Fri Mar 2024	9.05	10.30	10.30	8.40	1.734 times
07 Thu Mar 2024	10.00	11.00	11.00	9.85	1.002 times
02 Sat Mar 2024	10.90	11.35	11.70	10.35	0.689 times
23 Fri Feb 2024	11.50	11.90	12.20	11.25	1.336 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	8.95	10.60	11.05	8.40	0.462 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
29 Fri Dec 2023	12.10	10.30	12.10	9.70	1.804 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_BE)

Price action analysis of Aksh Optifibre ( (AKSHOPTFBR_BE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Aksh Optifibre ( (AKSHOPTFBR_BE) ) 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_BE) ) based on a short to mid 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_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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Aksh Optifibre in short term and the sell signal is strong.

Aksh Optifibre Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Aksh Optifibre in short term

RSI is generating a BUY signal in short term and the buying is gaining 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 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 9.47 and Aksh Optifibre (AKSHOPTFBR_BE) 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_BE) stock. Volume based technical analysis of Aksh Optifibre (AKSHOPTFBR_BE) stock is negative.

Aksh Optifibre Stock has given negative 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.