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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 2024-01-17 View latest technical analysis

10 day averaged volume of Alok Industries is 109259632

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	33.10	32.30	34.00	31.55	0.288 times
16 Tue Jan 2024	32.50	34.20	34.35	31.25	0.309 times
15 Mon Jan 2024	34.05	35.15	35.85	33.80	0.26 times
12 Fri Jan 2024	34.50	36.95	37.25	33.70	0.506 times
11 Thu Jan 2024	36.80	37.80	38.75	36.50	0.461 times
10 Wed Jan 2024	37.50	37.60	38.40	36.40	0.657 times
09 Tue Jan 2024	37.05	37.50	39.05	35.85	1.71 times
08 Mon Jan 2024	35.50	33.40	35.50	33.10	0.391 times
05 Fri Jan 2024	32.30	27.50	32.55	27.40	3.155 times
04 Thu Jan 2024	27.15	28.20	28.25	26.80	0.577 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 34.6 as stoploss in an intra day sell trade for a target of 28.27. However, stock will show a bullish move above 34.6.

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	23.85
Downside Target	24.85
Downside Target	31.25
Downside Target	32.55
Downside Target	33.10
Upside Target	35.85
Upside Target	39.05

Intraday share price targets for Alok Industries (ALOKINDS)

Target Type	Value
Downside Intraday Target	30.95
Downside Intraday Target	28.8
Upside Intraday Target	35.55
Upside Intraday Target	38
Upside Intraday Target	33.4

Weekly technical analysis of Alok Industries (ALOKINDS)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	33.10	35.15	35.85	31.25	0.23 times
12 Fri Jan 2024	34.50	33.40	39.05	33.10	0.56 times
05 Fri Jan 2024	32.30	21.40	32.55	21.00	18.204 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

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
17 Wed Jan 2024	33.10	21.40	39.05	21.00	2.005 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, and volume has increased substantially. This means that the move can 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 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 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 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 Strong and stock is losing momentum.

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

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 tired and bears are picking up momentum.

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 but BUY 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 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 33.95 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.