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(ALOKINDS) Alok Industries complete technical analysis [charts+indicators] | Buy/Sell Alok Industries | (ALOKINDS) share price targets

Complete technical analysis of Alok Industries (ALOKINDS) by charts plus indicators, forecast predictions and share price targets for Alok Industries (ALOKINDS)

Showing technical analysis as on 2023-12-21 View latest technical analysis

10 day averaged volume of Alok Industries is 46631861

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Dec 2023	21.55	20.85	21.75	20.50	0.469 times
20 Wed Dec 2023	20.85	23.05	23.85	20.50	0.941 times
19 Tue Dec 2023	22.95	22.70	23.40	22.65	0.398 times
18 Mon Dec 2023	22.60	22.95	23.00	22.50	0.306 times
15 Fri Dec 2023	22.95	22.80	23.60	22.60	0.545 times
14 Thu Dec 2023	22.65	23.30	23.40	22.50	0.322 times
13 Wed Dec 2023	22.90	23.25	23.50	22.40	0.491 times
12 Tue Dec 2023	23.00	23.50	24.85	22.65	1.724 times
11 Mon Dec 2023	23.35	23.90	24.25	23.15	1.098 times
08 Fri Dec 2023	23.30	21.00	23.80	20.60	3.453 times

My analysis of stock is bullish for shortterm, and stock might move up till 22.7 or till 24.4. Use a stoploss of 21.35 and if this stock hits its stoploss, then it can fall down till 19.97

Share price targets for Alok Industries (ALOKINDS)

Target Type	Value
Downside Target	14.65
Downside Target	16.10
Downside Target	17.10
Downside Target	18.10
Downside Target	19.50
Upside Target	22.40
Upside Target	22.50
Upside Target	23.80
Upside Target	23.85
Upside Target	24.85

Intraday share price targets for Alok Industries (ALOKINDS)

Target Type	Value
Downside Intraday Target	20.08
Downside Intraday Target	18.62
Upside Intraday Target	23.43
Upside Intraday Target	25.32
Upside Intraday Target	21.97

Weekly technical analysis of Alok Industries (ALOKINDS)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Dec 2023	21.55	22.95	23.85	20.50	0.506 times
15 Fri Dec 2023	22.95	23.90	24.85	22.40	0.763 times
08 Fri Dec 2023	23.30	20.30	23.80	19.70	5.403 times
01 Fri Dec 2023	19.70	20.20	20.60	19.50	0.352 times
24 Fri Nov 2023	20.05	21.30	22.50	19.85	0.848 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 Alok Industries (ALOKINDS)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Dec 2023	21.55	19.80	24.85	19.55	1.226 times
30 Thu Nov 2023	19.65	17.45	22.50	17.10	1.714 times
31 Tue Oct 2023	17.40	18.90	20.50	16.10	0.411 times
29 Fri Sep 2023	18.95	20.25	22.40	18.10	0.921 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 Alok Industries (ALOKINDS)

Price action analysis of Alok Industries ( (ALOKINDS) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Alok Industries ( (ALOKINDS) ) 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 Alok Industries ( (ALOKINDS) ) 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 Alok Industries ( (ALOKINDS) ) based on a mid to longer 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.

ADX buy sell signal for Alok Industries stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Alok Industries in short term but the sell signal is initial and weak.

Alok Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Alok Industries in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 Alok Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.83 and Alok Industries (ALOKINDS) 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 Alok Industries (ALOKINDS) stock. Volume based technical analysis of Alok Industries (ALOKINDS) stock is negative.

Alok Industries 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.