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(ALICON) Alicon Castalloy complete technical analysis [charts+indicators] | Buy/Sell Alicon Castalloy | (ALICON) share price targets

Complete technical analysis of Alicon Castalloy (ALICON) by charts plus indicators, forecast predictions and share price targets for Alicon Castalloy (ALICON)

Alicon Castalloy trades in NSE in Aluminium sector.

Showing technical analysis as on 2024-01-17 View latest technical analysis

10 day averaged volume of Alicon Castalloy is 100800

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	962.30	925.00	979.00	917.50	0.807 times
16 Tue Jan 2024	945.35	962.70	983.00	939.35	0.489 times
15 Mon Jan 2024	959.45	966.15	992.85	939.00	0.616 times
12 Fri Jan 2024	966.15	977.00	1005.90	955.10	1.09 times
11 Thu Jan 2024	972.85	983.80	1023.05	961.35	2.222 times
10 Wed Jan 2024	973.00	887.90	1019.00	881.20	5.004 times
09 Tue Jan 2024	864.30	853.75	871.75	853.00	0.113 times
08 Mon Jan 2024	851.65	866.00	870.00	845.15	0.072 times
05 Fri Jan 2024	860.15	856.80	865.00	851.00	0.099 times
04 Thu Jan 2024	856.80	854.15	864.95	851.00	0.187 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 938.8, but if it comes below 938.8, then a intra day sell could be more profitable.
If you take a sell trade below 938.8, then use 938.8 as stoploss and 886.87 as target. However if you take a buy trade in stock , then use 938.8 as stoploss and 1001.1 as target.

Share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Target	778.50
Downside Target	802.35
Downside Target	868.00
Downside Target	884.10
Downside Target	915.25
Downside Target	917.50
Downside Target	933.00
Upside Target	992.85
Upside Target	1023.05

Intraday share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Intraday Target	922.25
Downside Intraday Target	882.2
Upside Intraday Target	997.6
Upside Intraday Target	1032.9
Downside Intraday Target	957.55

Weekly technical analysis of Alicon Castalloy (ALICON)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	962.30	966.15	992.85	917.50	0.225 times
12 Fri Jan 2024	966.15	866.00	1023.05	845.15	11.813 times
05 Fri Jan 2024	860.15	868.70	884.10	846.45	0.224 times
29 Fri Dec 2023	868.70	835.25	915.25	825.15	4.833 times
22 Fri Dec 2023	824.70	860.00	868.00	812.55	0.561 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 Alicon Castalloy (ALICON)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	962.30	868.70	1023.05	845.15	1.868 times
29 Fri Dec 2023	868.70	857.35	915.25	812.55	2.134 times
30 Thu Nov 2023	846.55	820.10	872.90	802.35	1.615 times
31 Tue Oct 2023	815.60	862.40	868.95	778.50	0.294 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Alicon Castalloy (ALICON)

Price action analysis of Alicon Castalloy ( (ALICON) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Alicon Castalloy ( (ALICON) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Alicon Castalloy ( (ALICON) ) based on a short to mid 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.

Price action analysis of Alicon Castalloy ( (ALICON) ) 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 Alicon Castalloy stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Alicon Castalloy 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.

Alicon Castalloy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

CCI has generated a SELL signal for Alicon Castalloy in short term but SELL signal is weak.

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 Alicon Castalloy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 964.38 and Alicon Castalloy (ALICON) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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

Alicon Castalloy 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.