Stock analysis Akshar Spintex Limited AKSHAR
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Recent prices of AKSHAR Akshar Spintex Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
23 Wed Oct 2024 | 0.97 | 0.97 to 0.98 | -5.83% | 5.89 times |
22 Tue Oct 2024 | 1.03 | 1.03 to 1.07 | -5.5% | 7.83 times |
21 Mon Oct 2024 | 1.09 | 1.09 to 1.09 | -5.22% | 0.37 times |
18 Fri Oct 2024 | 1.15 | 1.15 to 1.15 | -5.74% | 0.33 times |
17 Thu Oct 2024 | 1.22 | 1.22 to 1.22 | -5.43% | 0.21 times |
16 Wed Oct 2024 | 1.29 | 1.29 to 1.29 | -5.15% | 0.25 times |
15 Tue Oct 2024 | 1.36 | 1.36 to 1.36 | -5.56% | 0.21 times |
14 Mon Oct 2024 | 1.44 | 1.44 to 1.47 | -5.26% | 0.43 times |
11 Fri Oct 2024 | 1.52 | 1.50 to 1.55 | -1.3% | 0.1 times |
10 Thu Oct 2024 | 1.54 | 1.45 to 1.56 | 0.65% | 0.1 times |
09 Wed Oct 2024 | 1.53 | 1.49 to 1.57 | 0% | 0.17 times |
08 Tue Oct 2024 | 1.53 | 1.50 to 1.57 | -14.04% | 0.24 times |
Technical analysis forecast for Akshar Spintex Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Akshar Spintex Limited AKSHAR at this time. Stock is falling and might fall more.
It appears as if Akshar Spintex Limited AKSHAR gave a large move recently.
Stock of Akshar Spintex Limited (AKSHAR) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Akshar Spintex Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Akshar Spintex Limited stays below 1.1, but if it comes above 1.1, then a intra day buy could be more profitable.
If you take a sell trade below 1.1, then use 1.1 as stoploss and 0.7 as target. However if you take a buy trade in Akshar Spintex Limited, then use 1.1 as stoploss and 1.49 as target.