Aksh is a very interesting stock to follow.
First, it is one of the few stocks that’s not bound by technical analysis. It regularly breaks both support and resistances and performs counter-intuitively. So, traditional technical entry and exit methods does not work here.
Second, Aksh is highly volatile and the movements occur irrespective of any news or lack thereof. The scrip seems to have a mood of its own.
Third, fundamentally it’s placed in the right sector at the right time with a good tailwind. The only question is whether it is capable to capitalize the cyclical upturn or not.
Disc.: Holding since 12.75 levels and added more recently @ 23.50. Not a buy/sell/hold recommendation. Please do your own diligence.