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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.

10 day averaged volume of Alicon Castalloy is 45100

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	1357.30	1391.85	1405.05	1340.00	0.339 times
26 Thu Sep 2024	1378.05	1433.00	1444.45	1347.15	1.029 times
25 Wed Sep 2024	1430.60	1469.05	1469.05	1414.60	0.678 times
24 Tue Sep 2024	1476.25	1385.65	1503.90	1371.60	5 times
23 Mon Sep 2024	1338.80	1383.00	1405.45	1299.00	1.156 times
20 Fri Sep 2024	1373.20	1389.90	1410.85	1364.75	0.341 times
19 Thu Sep 2024	1379.95	1418.00	1425.00	1370.75	0.52 times
18 Wed Sep 2024	1416.90	1475.30	1475.30	1391.55	0.489 times
17 Tue Sep 2024	1460.70	1465.60	1479.50	1425.00	0.31 times
16 Mon Sep 2024	1460.80	1483.85	1490.00	1449.10	0.178 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1390.2, but if it comes above 1390.2, then a intra day buy could be more profitable.
If you take a sell trade below 1390.2, then use 1390.2 as stoploss and 1330.6 as target. However if you take a buy trade in stock , then use 1390.2 as stoploss and 1439.93 as target.

Share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Target	830.20
Downside Target	964.80
Downside Target	1129.95
Downside Target	1160.40
Downside Target	1222.05
Downside Target	1299.00
Downside Target	1350.00
Upside Target	1399.00
Upside Target	1490.00
Upside Target	1495.00
Upside Target	1503.90
Upside Target	1505.00
Upside Target	1541.90

Intraday share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Intraday Target	1269.57
Downside Intraday Target	1181.83
Upside Intraday Target	1474.47
Upside Intraday Target	1591.63
Upside Intraday Target	1386.73

Weekly technical analysis of Alicon Castalloy (ALICON)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	1357.30	1383.00	1503.90	1299.00	4.465 times
20 Fri Sep 2024	1373.20	1483.85	1490.00	1364.75	0.563 times
13 Fri Sep 2024	1485.70	1429.50	1505.00	1419.60	0.73 times
06 Fri Sep 2024	1429.50	1471.00	1541.90	1401.85	1.557 times
30 Fri Aug 2024	1423.25	1420.80	1495.00	1400.00	0.393 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Alicon Castalloy (ALICON)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	1357.30	1471.00	1541.90	1299.00	1.062 times
30 Fri Aug 2024	1423.25	1340.00	1495.00	1222.05	1.243 times
31 Wed Jul 2024	1317.30	1218.95	1399.00	1129.95	0.609 times
28 Fri Jun 2024	1213.20	1090.00	1350.00	964.80	0.764 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 Alicon Castalloy (ALICON)

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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL. Signal strength is Weak and stock is gaining momentum.

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

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Alicon Castalloy in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Alicon Castalloy is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1431.13 and Alicon Castalloy (ALICON) 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 Alicon Castalloy (ALICON) stock. Volume based technical analysis of Alicon Castalloy (ALICON) stock is negative.

Alicon Castalloy 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.