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(ALICON) Alicon Castalloy complete technical analysis [charts+indicators] | Buy/Sell Alicon Castalloy | (ALICON) share price targets

Complete technical analysis of Alicon Castalloy (ALICON) by charts plus indicators, forecast predictions and share price targets for Alicon Castalloy (ALICON)

Alicon Castalloy trades in NSE in Aluminium sector.

Showing technical analysis as on 2024-04-09 View latest technical analysis

10 day averaged volume of Alicon Castalloy is 11787

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	871.45	890.00	901.65	866.30	1.074 times
08 Mon Apr 2024	884.55	868.90	895.85	868.10	0.891 times
05 Fri Apr 2024	868.90	863.30	877.40	861.00	0.682 times
04 Thu Apr 2024	863.30	858.10	869.95	855.80	0.656 times
03 Wed Apr 2024	855.10	865.90	872.25	852.00	0.561 times
02 Tue Apr 2024	863.25	866.00	873.05	856.00	0.993 times
01 Mon Apr 2024	865.20	824.05	889.30	824.05	1.139 times
28 Thu Mar 2024	823.85	829.15	836.00	813.75	1.396 times
27 Wed Mar 2024	809.15	813.00	819.70	807.00	1.382 times
26 Tue Mar 2024	810.75	830.00	830.00	806.05	1.442 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 868.2, but if it comes below 868.2, then a intra day sell could be more profitable.
If you take a sell trade below 868.2, then use 868.2 as stoploss and 838.51 as target. However if you take a buy trade in stock , then use 868.2 as stoploss and 903.8 as target.

Share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Target	775.55
Downside Target	801.00
Downside Target	866.30
Upside Target	889.30
Upside Target	901.65
Upside Target	915.25
Upside Target	928.00
Upside Target	941.00
Upside Target	1019.25
Upside Target	1069.90

Intraday share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Intraday Target	857.95
Downside Intraday Target	844.45
Upside Intraday Target	893.3
Upside Intraday Target	915.15
Upside Intraday Target	879.8

Weekly technical analysis of Alicon Castalloy (ALICON)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	871.45	868.90	901.65	866.30	0.487 times
05 Fri Apr 2024	868.90	824.05	889.30	824.05	0.956 times
28 Thu Mar 2024	823.85	830.00	836.00	806.05	1.473 times
22 Fri Mar 2024	822.55	812.00	842.00	801.00	0.348 times
15 Fri Mar 2024	816.20	928.00	928.00	775.55	1.613 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Alicon Castalloy (ALICON)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	871.45	824.05	901.65	824.05	0.285 times
28 Thu Mar 2024	823.85	921.00	941.00	775.55	0.79 times
29 Thu Feb 2024	925.15	1000.00	1019.25	876.15	0.212 times
31 Wed Jan 2024	993.85	868.70	1069.90	845.15	2.463 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Alicon Castalloy (ALICON)

Price action analysis of Alicon Castalloy ( (ALICON) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Alicon Castalloy ( (ALICON) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Alicon Castalloy ( (ALICON) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Alicon Castalloy stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Alicon Castalloy in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Alicon Castalloy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Alicon Castalloy in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Alicon Castalloy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 846.01 and Alicon Castalloy (ALICON) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Alicon Castalloy (ALICON) stock. Volume based technical analysis of Alicon Castalloy (ALICON) stock is negative.

Alicon Castalloy Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.