Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-01-02 View latest technical analysis

10 day averaged volume of Alok Industries is 16168547

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jan 2024	25.80	21.65	25.80	21.00	5.795 times
01 Mon Jan 2024	21.50	21.40	21.85	21.40	0.64 times
29 Fri Dec 2023	21.35	21.35	21.65	21.10	0.745 times
28 Thu Dec 2023	21.20	21.70	21.70	21.05	0.553 times
27 Wed Dec 2023	21.50	22.00	22.05	21.35	0.572 times
26 Tue Dec 2023	21.85	21.80	21.95	21.50	0.602 times
22 Fri Dec 2023	21.65	21.65	21.90	21.20	0.792 times
21 Thu Dec 2023	21.55	20.85	21.75	20.50	1.353 times
20 Wed Dec 2023	20.85	23.05	23.85	20.50	2.714 times
19 Tue Dec 2023	22.95	22.70	23.40	22.65	1.147 times

Stock of Alok Industries (ALOKINDS) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 25, for a target of 23.4 or 22.09

Share price targets for Alok Industries (ALOKINDS)

Target Type	Value
Downside Target	16.10
Downside Target	17.10
Downside Target	18.10
Downside Target	19.55
Downside Target	20.50
Downside Target	21.00
Downside Target	22.05
Downside Target	23.80
Downside Target	23.85
Downside Target	24.85
Downside Target	25.80

Intraday share price targets for Alok Industries (ALOKINDS)

Target Type	Value
Downside Intraday Target	22.6
Downside Intraday Target	19.4
Upside Intraday Target	27.4
Upside Intraday Target	29
Downside Intraday Target	24.2

Weekly technical analysis of Alok Industries (ALOKINDS)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jan 2024	25.80	21.40	25.80	21.00	2.604 times
29 Fri Dec 2023	21.35	21.80	22.05	21.05	0.359 times
22 Fri Dec 2023	21.65	22.95	23.85	20.50	0.571 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Alok Industries (ALOKINDS)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Jan 2024	25.80	21.40	25.80	21.00	0.17 times
29 Fri Dec 2023	21.35	19.80	24.85	19.55	1.342 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Alok Industries ( (ALOKINDS) ) 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 Alok Industries ( (ALOKINDS) ) 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Alok Industries in short term and the buy signal is strong.

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

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. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Alok Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 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 23.17 and Alok Industries (ALOKINDS) 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 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.