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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 2023-11-21 View latest technical analysis

10 day averaged volume of Anik Industries is 109991

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue Nov 2023	51.65	56.75	56.75	51.65	1.146 times
20 Mon Nov 2023	54.35	54.50	54.50	52.15	1.992 times
17 Fri Nov 2023	51.95	50.00	51.95	49.50	0.689 times
16 Thu Nov 2023	49.50	49.00	49.50	48.75	0.619 times
15 Wed Nov 2023	47.15	45.40	47.15	44.15	0.818 times
13 Mon Nov 2023	44.95	44.30	44.95	42.15	0.996 times
12 Sun Nov 2023	42.85	43.00	43.80	41.05	0.165 times
10 Fri Nov 2023	42.35	42.35	43.50	42.35	0.907 times
09 Thu Nov 2023	44.55	46.00	46.00	43.05	0.697 times
08 Wed Nov 2023	44.40	47.95	47.95	44.10	0.593 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 48.9, but if it comes below 48.9, then a intra day sell could be more profitable.
If you take a sell trade below 48.9, then use 48.9 as stoploss and 43.84 as target. However if you take a buy trade in stock , then use 48.9 as stoploss and 55 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	48.15
Downside Target	51.65
Upside Target	51.95
Upside Target	56.75

Intraday share price targets for Anik Industries (ANIKINDS)

Target Type	Value
Downside Intraday Target	49.95
Downside Intraday Target	48.25
Upside Intraday Target	55.05
Upside Intraday Target	58.45
Upside Intraday Target	53.35

Weekly technical analysis of Anik Industries (ANIKINDS)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue Nov 2023	51.65	54.50	56.75	51.65	0.955 times
17 Fri Nov 2023	51.95	43.00	51.95	41.05	0.619 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

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
21 Tue Nov 2023	51.65	48.15	56.75	41.05	0.311 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 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 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 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 negative zone. This is the SELL 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 48.72 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.