Is ANIK INDUSTRIES in uptrend or downtrend?

In the short term price movements in ANIKINDS share indicates the market has a decisive bullish trend.

What is ANIK INDUSTRIES share price forecast for tomorrow?

In Anik Industries Limited stock current resistance level is at 44 and support level is at 37. Though market is closer to support level there are good chances till these ranges are broken, market would stay Bullish.

What are ANIK INDUSTRIES support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Anik Industries Limited in the short-term, the supply zone around 44 and 40. Hence, good chances of resistance around 40. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Anik Industries Limited share is around 37 and 40. Hence, good chances for support around 40.

Why is ANIK INDUSTRIES share price falling today?

Perhaps ANIKINDS stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

ANIK INDUSTRIES Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data