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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 2024-10-29 View latest technical analysis

10 day averaged volume of Alok Industries is 10382911

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	21.49	21.64	21.71	21.06	0.707 times
28 Mon Oct 2024	21.53	20.84	21.80	20.62	0.965 times
25 Fri Oct 2024	20.82	21.79	21.90	20.68	1.047 times
24 Thu Oct 2024	21.77	21.90	22.09	21.50	0.812 times
23 Wed Oct 2024	21.80	21.50	22.44	20.96	1.44 times
22 Tue Oct 2024	21.54	22.54	22.54	21.40	0.936 times
21 Mon Oct 2024	22.61	23.64	23.64	22.50	0.998 times
18 Fri Oct 2024	23.39	22.95	23.44	22.53	0.888 times
17 Thu Oct 2024	23.11	23.81	23.89	23.01	0.839 times
16 Wed Oct 2024	23.81	24.14	24.14	23.60	0.919 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21.9, but if it comes above 21.9, then a intra day buy could be more profitable.
If you take a sell trade below 21.9, then use 21.9 as stoploss and 19.8 as target. However if you take a buy trade in stock , then use 21.9 as stoploss and 23.71 as target.

Share price targets for Alok Industries (ALOKINDS)

Target Type	Value
Downside Target	20.62
Upside Target	21.80
Upside Target	22.53
Upside Target	23.30
Upside Target	25.66
Upside Target	25.80
Upside Target	28.00
Upside Target	28.30
Upside Target	29.79
Upside Target	29.85
Upside Target	30.00

Intraday share price targets for Alok Industries (ALOKINDS)

Target Type	Value
Downside Intraday Target	20.81
Downside Intraday Target	20.12
Upside Intraday Target	21.99
Upside Intraday Target	22.48
Downside Intraday Target	21.3

Weekly technical analysis of Alok Industries (ALOKINDS)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	21.49	20.84	21.80	20.62	0.319 times
25 Fri Oct 2024	20.82	23.64	23.64	20.68	1.007 times
18 Fri Oct 2024	23.39	25.54	25.66	22.53	0.763 times
11 Fri Oct 2024	25.25	25.69	25.80	24.11	0.597 times
04 Fri Oct 2024	25.72	25.39	28.00	24.93	2.256 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 Alok Industries (ALOKINDS)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	21.49	26.16	28.00	20.62	0.74 times
30 Mon Sep 2024	26.53	27.26	28.30	24.93	0.486 times
30 Fri Aug 2024	27.30	26.93	29.79	24.48	2.722 times
31 Wed Jul 2024	26.93	28.06	29.85	24.61	0.998 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 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 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 Alok Industries ( (ALOKINDS) ) 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 Alok Industries stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Alok Industries 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 coming down

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Alok Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.16 and Alok Industries (ALOKINDS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 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.