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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.

10 day averaged volume of Alicon Castalloy is 47742

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	1284.15	1265.40	1294.00	1241.65	0.264 times
07 Mon Oct 2024	1257.90	1327.35	1352.60	1247.50	0.489 times
04 Fri Oct 2024	1310.75	1311.30	1338.50	1281.60	0.31 times
03 Thu Oct 2024	1317.30	1328.00	1349.00	1305.25	0.311 times
01 Tue Oct 2024	1357.40	1321.05	1389.00	1321.05	0.267 times
30 Mon Sep 2024	1329.35	1363.00	1389.45	1310.00	0.873 times
27 Fri Sep 2024	1357.30	1391.85	1405.05	1340.00	0.32 times
26 Thu Sep 2024	1378.05	1433.00	1444.45	1347.15	0.972 times
25 Wed Sep 2024	1430.60	1469.05	1469.05	1414.60	0.641 times
24 Tue Sep 2024	1476.25	1385.65	1503.90	1371.60	4.723 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1321.5, but if it comes above 1321.5, then a intra day buy could be more profitable.
If you take a sell trade below 1321.5, then use 1321.5 as stoploss and 1240.1 as target. However if you take a buy trade in stock , then use 1321.5 as stoploss and 1389.25 as target.

Share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Target	964.80
Downside Target	1129.95
Downside Target	1222.05
Downside Target	1281.60
Upside Target	1350.00
Upside Target	1399.00
Upside Target	1419.60
Upside Target	1490.00
Upside Target	1495.00
Upside Target	1503.90
Upside Target	1505.00
Upside Target	1541.90

Intraday share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Intraday Target	1233
Downside Intraday Target	1181.85
Upside Intraday Target	1343.95
Upside Intraday Target	1403.75
Upside Intraday Target	1292.8

Weekly technical analysis of Alicon Castalloy (ALICON)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	1284.15	1327.35	1352.60	1241.65	0.428 times
04 Fri Oct 2024	1310.75	1363.00	1389.45	1281.60	0.227 times
27 Fri Sep 2024	1357.30	1383.00	1503.90	1299.00	4.465 times
20 Fri Sep 2024	1373.20	1483.85	1490.00	1364.75	0.563 times
13 Fri Sep 2024	1485.70	1429.50	1505.00	1419.60	0.73 times

Price has moved down 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
08 Tue Oct 2024	1284.15	1321.05	1389.00	1241.65	0.093 times
30 Mon Sep 2024	1329.35	1471.00	1541.90	1299.00	1.117 times
30 Fri Aug 2024	1423.25	1340.00	1495.00	1222.05	1.243 times
31 Wed Jul 2024	1317.30	1218.95	1399.00	1129.95	0.609 times

Scroll below to view daily charts

Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Alicon Castalloy ( (ALICON) ) based on a short to mid 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.

Price action analysis of Alicon Castalloy ( (ALICON) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a SELL signal for Alicon Castalloy in short term and the sell signal is strong.

Alicon Castalloy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Alicon Castalloy in short term and SELL 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 1412.88 and Alicon Castalloy (ALICON) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.