AKSH OPTIFIBREBuy with sl 7.50 cmp 11.16 TARGET 16+ & HOLD it. Buy & forget it with SL for long term. May be 3x to 5x return possible.
AKSHOPTFBR trade ideas
This Stock Can 3X to 4X If Breaks the resistance-potential resistance breakout
-formed base in lower levels
-bouncing back from support
-do not invest more than 2% of your capital
-keep sl at todays low 11.25
Ashok optifibre getting ready above 13after some news in china indian optical fibre companies grabbed the oppertunity and this is also one last week respected the resistsnce but this time confident of breaking trendline and longterm target huge if u can hold
Akash Optifiber : 55% achivedHello Guys!
This is a follow which I published on 8th December.
We've achieved 55% in one month. It's not bad I think. Chart is performing as my analysis.
Hope it'll hit the target on time ; in one 1 month.
Target is 164% approx.
Please like and comment below if any queries.
AKASH OPTIFIBER MAKING CUP & HANDLE PATTERN 1W -BULLISHNSE:AKSHOPTFBR is about to give a breakout from 14 Rs. breaking Cup and Handle Pattern. it can go toward 28 being restless. keep this on your Redar for Swing trade opportunity for at least 30- 40 % Retunrn. I have added this in my portfolio when it was at 9 Rs.
HAPPY INVETING...
Break out with uper circuit of 10%I gave this trade 9 8th Dec. Today it closed at 10% up in upper circuit. Target is 125% (26)
Thise who entered in this trade comment below.
AKSHOPTIFBR is trading below fibo level of 61.8%AKSHOPTIFBR is trading below fibo level of 61.8% retracement in Daily charts.
As per its long term chart (weekly) fibo level of 61.8% is at 8.45. A good bounce back is expected at this level.
AKSHOPTFBR..............................................................................................................................
AKSHOPTFBR Long (Swing)Price accumulating below a multiyear low.
currently respicting weekly and daily demand zones. My entry zone is a bit suspicious as looking on the lower Timeframe 4H, there appears to be a gap up and then a tap into the concerned zone.
So in essence it wouldnt be the first time price has tapped that. But eh, optimism.
entry would be 6.3 to 6.4 ish.
No Idea about the fundamentals. not financial advice gg.
AKSHOPTFBR LongABCD pattern looking bullish
Target 29
SL:17
CMP:20.45
Investment : 2045(100 qty)
Risk :245 rs
reward: 855 rs
Note: Only for educational purpose , i am not expert .
Probably still 'timewise' a lot of pain left!!!curious case of AKSH Optifiber! might slide till 22.8
decision point in aksh optifibre-a bearish scenario looks likelylack of demand in the monthly chart
disclaimer.... not an investing/trading recommendation
Aksh getting out of consolidationIn a couple of days it is likely to hit 32.30 and then will move up for a target of 37 in medium term.
learning wyckoff methods 2.0- the bearish cypher fail..there was a sharp retracing from the line of good demand
and close above another line shows SOS..
this bearish cypher most likely will fail to reverse the uptrend and it will test the line above...
i have a feeling this will even cross it, the advance has such a massive volume, if this big spread on the advance is reversed of then the demand is most likely to take the prices above 39 soon and then may be lose steam over there....
This is bulls a their prime...
the wckyoff channel oversold line was violated and there was sharp denial from the bulls, and the close of the candle was back in the channel... if this is not SOS what is then....
the cypher's take profit is -.618CD at 32, which is not happened i gues.. hence the fail... i doubt even if 0.5 can be crossed...
Aksh Optifibre- A great compounder and multibagger of the futureSchiff Pitchfork ML play + traditional pivot and fibonacci systems used to find levels....
Kumo cloud of ichimoku is provided in the chart which is derived from the weekly chart..
There are 2 possibilities of the track of the price action to go, we will have to watch how the weekly pivot is held/broken...
If the weekly pivot is broken the daily S3 support is expected to hold the price which also corresponds the 1.618support of a fibo ABC drawn..
Disclaimer.... No current investment, interested in the fundamentals of the business and looking to bottom fish... Not an investment/trading recommendation..
aksh optifibre looks bullsih in medium to long termIn monthly, price broke out of multi year horizontal resistance and sustaining above it.
in weekly, BB is trending up and and price sustaining above 20ma.
in daily, price broke out of consolidation and pushing upper BB upward, and BB is expanding
with sl - 24 1st tgt - 85, long term tgt - 155
AKSH ready for breakout?* Stock has recently formed a bullish divergence.
* Stock has broken the resistance channel today.
Thoughts please.
