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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 2024-12-09 View latest technical analysis

10 day averaged volume of Alicon Castalloy is 34561

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	1219.15	1214.95	1236.80	1194.40	0.726 times
06 Fri Dec 2024	1194.15	1156.00	1200.00	1140.75	1.138 times
05 Thu Dec 2024	1145.05	1110.00	1150.15	1100.00	0.67 times
04 Wed Dec 2024	1112.90	1134.00	1149.95	1093.20	0.652 times
03 Tue Dec 2024	1135.05	1078.00	1145.85	1073.90	1.484 times
02 Mon Dec 2024	1073.90	1043.00	1080.00	1028.55	0.742 times
29 Fri Nov 2024	1043.00	1054.00	1067.95	1012.00	1.305 times
28 Thu Nov 2024	1038.65	1073.00	1105.60	1024.00	1.649 times
27 Wed Nov 2024	1069.65	1084.55	1093.70	1060.05	0.919 times
26 Tue Nov 2024	1078.75	1118.85	1137.80	1063.00	0.829 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1218.9, but if it comes below 1218.9, then a intra day sell could be more profitable.
If you take a sell trade below 1218.9, then use 1218.9 as stoploss and 1150.28 as target. However if you take a buy trade in stock , then use 1218.9 as stoploss and 1301.2 as target.

Share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Target	1012.00
Downside Target	1105.50
Downside Target	1167.90
Upside Target	1236.80
Upside Target	1298.95
Upside Target	1299.00
Upside Target	1366.45
Upside Target	1389.00
Upside Target	1495.00
Upside Target	1541.90

Intraday share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Intraday Target	1196.77
Downside Intraday Target	1174.38
Upside Intraday Target	1239.17
Upside Intraday Target	1259.18
Downside Intraday Target	1216.78

Weekly technical analysis of Alicon Castalloy (ALICON)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	1219.15	1214.95	1236.80	1194.40	0.155 times
06 Fri Dec 2024	1194.15	1043.00	1200.00	1028.55	0.882 times
29 Fri Nov 2024	1043.00	1147.00	1167.90	1012.00	2.401 times
22 Fri Nov 2024	1114.60	1195.00	1216.95	1105.50	1.689 times
14 Thu Nov 2024	1206.45	1298.95	1298.95	1182.65	0.812 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 Mon Dec 2024	1219.15	1043.00	1236.80	1028.55	0.506 times
29 Fri Nov 2024	1043.00	1267.00	1366.45	1012.00	1.278 times
31 Thu Oct 2024	1255.65	1321.05	1389.00	1171.85	0.343 times
30 Mon Sep 2024	1329.35	1471.00	1541.90	1299.00	1.117 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 stronger in this stock.

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

CCI has generated a buy signal for Alicon Castalloy in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1104.33 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 positive

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