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(ALANKIT_BE) Alankit complete technical analysis [charts+indicators] | Buy/Sell Alankit | (ALANKIT_BE) share price targets

Complete technical analysis of Alankit (ALANKIT_BE) by charts plus indicators, forecast predictions and share price targets for Alankit (ALANKIT_BE)

Showing technical analysis as on 2024-05-02 View latest technical analysis

10 day averaged volume of Alankit is 84393

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	18.45	18.40	18.45	18.40	2.745 times
30 Tue Apr 2024	18.75	18.75	18.75	18.75	1.508 times
29 Mon Apr 2024	18.40	18.40	18.40	18.40	1.38 times
26 Fri Apr 2024	18.05	18.05	18.05	18.05	0.661 times
25 Thu Apr 2024	17.70	17.70	17.70	17.70	0.822 times
24 Wed Apr 2024	17.40	17.40	17.40	17.40	0.93 times
23 Tue Apr 2024	17.10	17.10	17.10	17.10	0.455 times
22 Mon Apr 2024	16.80	16.80	16.80	16.80	1.831 times
19 Fri Apr 2024	16.50	16.60	16.60	16.50	0.692 times
18 Thu Apr 2024	16.65	16.70	16.70	16.65	1 times

Stock of Alankit (ALANKIT_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 18.1, but if it comes below 18.1, then a intra day sell could be more profitable.
If you take a sell trade below 18.1, then use 18.1 as stoploss and 17.5 as target. However if you take a buy trade in stock , then use 18.1 as stoploss and 18.8 as target.

Share price targets for Alankit (ALANKIT_BE)

Target Type	Value
Downside Target	15.20
Downside Target	16.50
Downside Target	18.40
Downside Target	18.45
Upside Target	18.60
Upside Target	18.75
Upside Target	20.35
Upside Target	20.80
Upside Target	23.60

Intraday share price targets for Alankit (ALANKIT_BE)

Target Type	Value
Downside Intraday Target	18.32
Downside Intraday Target	18.18
Upside Intraday Target	18.67
Upside Intraday Target	18.88
Upside Intraday Target	18.53

Weekly technical analysis of Alankit (ALANKIT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	18.45	18.40	18.75	18.40	1.199 times
26 Fri Apr 2024	18.05	16.80	18.05	16.80	1.403 times
19 Fri Apr 2024	16.50	17.10	17.10	16.50	0.402 times
12 Fri Apr 2024	17.40	17.40	17.65	17.05	1.177 times
05 Fri Apr 2024	17.40	18.45	18.60	17.35	0.563 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 Alankit (ALANKIT_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Thu May 2024	18.45	18.40	18.45	18.40	0.104 times
30 Tue Apr 2024	18.75	18.45	18.75	16.50	0.3 times
28 Thu Mar 2024	17.75	18.85	20.35	15.20	0.573 times
29 Thu Feb 2024	18.80	18.35	20.80	17.90	0.5 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 Alankit (ALANKIT_BE)

Price action analysis of Alankit ( (ALANKIT_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Alankit ( (ALANKIT_BE) ) 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 Alankit ( (ALANKIT_BE) ) 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 Alankit stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Alankit Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

CCI has generated a SELL signal for Alankit in short term but SELL 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 Alankit is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.76 and Alankit (ALANKIT_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Alankit (ALANKIT_BE) stock. Volume based technical analysis of Alankit (ALANKIT_BE) stock is negative.

Alankit 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.