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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 2024-01-19 View latest technical analysis

10 day averaged volume of Alicon Castalloy is 114185

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	996.85	993.40	1037.65	990.60	0.817 times
18 Thu Jan 2024	988.65	961.00	999.00	955.50	0.72 times
17 Wed Jan 2024	962.30	925.00	979.00	917.50	0.712 times
16 Tue Jan 2024	945.35	962.70	983.00	939.35	0.431 times
15 Mon Jan 2024	959.45	966.15	992.85	939.00	0.544 times
12 Fri Jan 2024	966.15	977.00	1005.90	955.10	0.962 times
11 Thu Jan 2024	972.85	983.80	1023.05	961.35	1.962 times
10 Wed Jan 2024	973.00	887.90	1019.00	881.20	4.417 times
09 Tue Jan 2024	864.30	853.75	871.75	853.00	0.1 times
08 Mon Jan 2024	851.65	866.00	870.00	845.15	0.064 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 960, but if it comes below 960, then a intra day sell could be more profitable.
If you take a sell trade below 960, then use 960 as stoploss and 903.17 as target. However if you take a buy trade in stock , then use 960 as stoploss and 1028.1 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	1023.05
Upside Target	1037.65

Intraday share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Intraday Target	930.35
Downside Intraday Target	863.85
Upside Intraday Target	1050.5
Upside Intraday Target	1104.15
Downside Intraday Target	984

Weekly technical analysis of Alicon Castalloy (ALICON)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	996.85	966.15	1037.65	917.50	0.43 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 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 Alicon Castalloy (ALICON)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	996.85	868.70	1037.65	845.15	2.16 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 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 Alicon Castalloy ( (ALICON) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Alicon Castalloy in short term and BUY 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 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 970.98 and Alicon Castalloy (ALICON) 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 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.