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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)

Showing technical analysis as on 2024-01-01 View latest technical analysis

10 day averaged volume of Alok Inds is 3498939

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Jan 2024	21.55	21.35	21.84	21.35	0.524 times
29 Fri Dec 2023	21.33	21.30	21.65	21.11	0.735 times
28 Thu Dec 2023	21.24	21.62	21.68	21.10	0.497 times
27 Wed Dec 2023	21.50	21.89	22.07	21.36	0.517 times
26 Tue Dec 2023	21.83	21.87	21.95	21.50	0.455 times
22 Fri Dec 2023	21.63	21.68	21.91	21.20	0.868 times
21 Thu Dec 2023	21.56	20.94	21.80	20.46	1.025 times
20 Wed Dec 2023	20.83	23.00	23.84	20.60	2.685 times
19 Tue Dec 2023	22.99	22.69	23.40	22.66	0.966 times
18 Mon Dec 2023	22.59	23.13	23.13	22.50	0.642 times

My analysis of stock is bearish for shortterm, and stock might move down till 20.7 or till 19.5. Use a stoploss of 21.81 and if the stock hits stoploss, then it can shoot up till 22.88

Share price targets for Alok Inds (AlokInds)

Target Type	Value
Downside Target	16.12
Downside Target	17.12
Downside Target	19.52
Downside Target	20.46
Downside Target	21.10
Upside Target	21.84
Upside Target	22.33
Upside Target	22.41
Upside Target	22.54
Upside Target	23.75
Upside Target	23.84
Upside Target	24.90

Intraday share price targets for Alok Inds (AlokInds)

Target Type	Value
Downside Intraday Target	21.32
Downside Intraday Target	21.09
Upside Intraday Target	21.81
Upside Intraday Target	22.07
Upside Intraday Target	21.58

Weekly technical analysis of Alok Inds (AlokInds)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Jan 2024	21.55	21.35	21.84	21.35	0.238 times
29 Fri Dec 2023	21.33	21.87	22.07	21.10	0.356 times
22 Fri Dec 2023	21.63	23.13	23.84	20.46	0.567 times
15 Fri Dec 2023	22.93	23.88	24.90	22.41	0.788 times
08 Fri Dec 2023	23.41	20.31	23.75	19.72	4.984 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 Inds (AlokInds)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Mon Jan 2024	21.55	21.35	21.84	21.35	0.015 times
29 Fri Dec 2023	21.33	19.76	24.90	19.52	1.45 times
30 Thu Nov 2023	19.69	17.42	22.54	17.12	1.638 times
31 Tue Oct 2023	17.41	18.90	20.50	16.12	0.417 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

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

Alok Inds 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Alok Inds in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Inds is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 21.55 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.