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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 2023-11-15 View latest technical analysis

10 day averaged volume of Anik Industries is 95516

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed Nov 2023	47.15	45.40	47.15	44.15	0.942 times
13 Mon Nov 2023	44.95	44.30	44.95	42.15	1.147 times
12 Sun Nov 2023	42.85	43.00	43.80	41.05	0.19 times
10 Fri Nov 2023	42.35	42.35	43.50	42.35	1.045 times
09 Thu Nov 2023	44.55	46.00	46.00	43.05	0.802 times
08 Wed Nov 2023	44.40	47.95	47.95	44.10	0.683 times
07 Tue Nov 2023	46.40	48.15	48.15	43.60	2.908 times
14 Mon Aug 2023	37.15	38.30	38.60	36.55	0.677 times
11 Fri Aug 2023	38.50	39.00	39.40	37.30	0.763 times
10 Thu Aug 2023	38.75	41.20	41.80	38.60	1.054 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 45, but if it comes below 45, then a intra day sell could be more profitable.
If you take a sell trade below 45, then use 45 as stoploss and 39.63 as target. However if you take a buy trade in stock , then use 45 as stoploss and 51.4 as target.

Share price targets for Anik Industries (ANIKINDS)

Target Type	Value
Downside Target	30.00
Downside Target	32.60
Downside Target	34.00
Downside Target	36.50
Downside Target	37.30
Downside Target	41.05
Downside Target	43.60
Downside Target	44.80
Downside Target	47.15
Upside Target	48.15

Intraday share price targets for Anik Industries (ANIKINDS)

Target Type	Value
Downside Intraday Target	43.08
Downside Intraday Target	39.02
Upside Intraday Target	49.18
Upside Intraday Target	51.22
Downside Intraday Target	45.12

Weekly technical analysis of Anik Industries (ANIKINDS)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed Nov 2023	47.15	43.00	47.15	41.05	0.373 times
10 Fri Nov 2023	42.35	38.30	48.15	36.55	0.715 times
11 Fri Aug 2023	38.50	40.75	44.80	37.30	0.262 times
04 Fri Aug 2023	41.05	30.65	43.60	30.05	27.357 times
28 Fri Jul 2023	31.00	31.65	31.65	30.00	0.476 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 Anik Industries (ANIKINDS)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Wed Nov 2023	47.15	48.15	48.15	41.05	0.187 times
14 Mon Aug 2023	37.15	30.40	44.80	30.25	5.366 times
31 Mon Jul 2023	30.15	31.60	32.60	30.00	0.664 times
30 Fri Jun 2023	31.60	32.40	36.50	31.05	2.185 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 Anik Industries (ANIKINDS)

Price action analysis of Anik Industries ( (ANIKINDS) ) 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 Anik Industries ( (ANIKINDS) ) 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 Anik Industries ( (ANIKINDS) ) 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 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 gaining 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 43.55 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.