Stock analysis Akshar Spintex Limited AKSHAR
Recent prices of AKSHAR Akshar Spintex Limited are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast of Akshar Spintex Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Akshar Spintex Limited AKSHAR at this time. Stock is rising and might rise more.
It appears as if Akshar Spintex Limited AKSHAR gave a large move recently.
Stock of Akshar Spintex Limited (AKSHAR) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Akshar Spintex Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 68.5 as stoploss in an intra day sell trade for a target of 64.49. However, stock will show a bullish move above 68.5.