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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 2024-02-13 View latest technical analysis

10 day averaged volume of Alok Inds is 1226557

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	29.15	28.07	29.50	27.14	1.201 times
12 Mon Feb 2024	28.56	30.04	30.30	28.42	1.18 times
09 Fri Feb 2024	29.91	30.65	31.05	29.30	0.963 times
08 Thu Feb 2024	30.58	31.00	31.20	30.50	0.851 times
07 Wed Feb 2024	30.84	30.54	31.50	30.54	0.533 times
06 Tue Feb 2024	30.54	30.59	31.50	30.00	0.736 times
05 Mon Feb 2024	30.44	31.13	31.80	30.00	0.726 times
02 Fri Feb 2024	31.13	31.75	32.15	31.05	1.054 times
01 Thu Feb 2024	31.62	32.90	32.90	31.50	0.469 times
31 Wed Jan 2024	32.48	32.04	32.70	30.95	1.672 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 30, but if it comes above 30, then a intra day buy could be more profitable.
If you take a sell trade below 30, then use 30 as stoploss and 28.6 as target. However if you take a buy trade in stock , then use 30 as stoploss and 31.23 as target.

Share price targets for Alok Inds (AlokInds)

Target Type	Value
Downside Target	16.12
Downside Target	17.12
Downside Target	19.52
Downside Target	20.50
Downside Target	21.02
Downside Target	22.54
Downside Target	24.90
Downside Target	27.14
Downside Target	29.06
Upside Target	30.95
Upside Target	31.80
Upside Target	32.90
Upside Target	33.59
Upside Target	35.86
Upside Target	39.24

Intraday share price targets for Alok Inds (AlokInds)

Target Type	Value
Downside Intraday Target	27.43
Downside Intraday Target	25.7
Upside Intraday Target	30.59
Upside Intraday Target	32.02
Downside Intraday Target	28.86

Weekly technical analysis of Alok Inds (AlokInds)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	29.15	30.04	30.30	27.14	0.625 times
09 Fri Feb 2024	29.91	31.13	31.80	29.30	0.469 times
02 Fri Feb 2024	31.13	32.49	32.90	30.95	0.505 times
25 Thu Jan 2024	32.25	32.50	33.59	29.06	0.641 times
19 Fri Jan 2024	31.92	35.21	35.86	29.85	0.465 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
13 Tue Feb 2024	29.15	32.90	32.90	27.14	0.042 times
31 Wed Jan 2024	32.48	21.35	39.24	21.02	1.905 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

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 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 Strong and stock is gaining 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 SELL signal for Alok Inds in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 30.53 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.