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

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

10 day averaged volume of Alok Inds is 925218

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon May 2024	26.59	27.04	27.19	26.40	1.126 times
03 Fri May 2024	27.00	27.11	27.45	26.80	1.159 times
02 Thu May 2024	26.97	27.59	27.59	26.76	1.115 times
30 Tue Apr 2024	27.30	27.66	28.15	27.20	1.291 times
29 Mon Apr 2024	27.59	27.70	28.39	27.50	0.717 times
26 Fri Apr 2024	27.54	27.70	27.80	27.31	0.612 times
25 Thu Apr 2024	27.59	27.59	27.93	27.50	0.916 times
24 Wed Apr 2024	27.72	27.46	28.50	27.39	1.546 times
23 Tue Apr 2024	27.42	27.55	27.80	27.36	0.586 times
22 Mon Apr 2024	27.39	27.60	27.80	26.80	0.943 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.1, but if it comes above 27.1, then a intra day buy could be more profitable.
If you take a sell trade below 27.1, then use 27.1 as stoploss and 26.3 as target. However if you take a buy trade in stock , then use 27.1 as stoploss and 27.7 as target.

Share price targets for Alok Inds (AlokInds)

Target Type	Value
Downside Target	21.02
Downside Target	25.65
Upside Target	27.60
Upside Target	28.39
Upside Target	28.50
Upside Target	28.75
Upside Target	29.00
Upside Target	30.00
Upside Target	32.00
Upside Target	32.90
Upside Target	39.24

Intraday share price targets for Alok Inds (AlokInds)

Target Type	Value
Downside Intraday Target	26.26
Downside Intraday Target	25.94
Upside Intraday Target	27.05
Upside Intraday Target	27.52
Upside Intraday Target	26.73

Weekly technical analysis of Alok Inds (AlokInds)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon May 2024	26.59	27.04	27.19	26.40	0.263 times
03 Fri May 2024	27.00	27.70	28.39	26.76	0.93 times
26 Fri Apr 2024	27.54	27.60	28.50	26.80	1.17 times
19 Fri Apr 2024	27.80	26.28	28.75	26.28	1.574 times
12 Fri Apr 2024	27.66	28.85	29.00	27.60	0.875 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 Inds (AlokInds)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Mon May 2024	26.59	27.59	27.59	26.40	0.214 times
30 Tue Apr 2024	27.30	25.77	30.00	25.77	0.817 times
28 Thu Mar 2024	25.75	29.42	32.00	25.65	1.009 times
29 Thu Feb 2024	28.99	32.90	32.90	27.10	0.079 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 Inds (AlokInds)

Price action analysis of Alok Inds ( (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 Inds ( (AlokInds) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Alok Inds ( (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 Inds stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Alok Inds Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Alok Inds 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.29 and Alok Inds (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 Inds (AlokInds) stock. Volume based technical analysis of Alok Inds (AlokInds) stock is negative.

Alok Inds 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.