Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-22 View latest technical analysis

10 day averaged volume of Alicon Castalloy is 32684

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	1381.00	1407.00	1481.25	1352.50	4.837 times
21 Wed Aug 2024	1382.95	1303.80	1418.00	1272.00	3.457 times
20 Tue Aug 2024	1303.80	1316.00	1339.00	1287.00	0.784 times
19 Mon Aug 2024	1301.60	1283.20	1308.80	1253.00	0.344 times
16 Fri Aug 2024	1278.00	1308.00	1308.00	1266.05	0.31 times
14 Wed Aug 2024	1277.50	1265.00	1280.00	1226.05	0.607 times
13 Tue Aug 2024	1255.40	1331.20	1331.20	1251.10	0.859 times
12 Mon Aug 2024	1320.65	1345.00	1375.00	1313.35	1.051 times
09 Fri Aug 2024	1340.55	1352.30	1360.00	1283.75	1.353 times
08 Thu Aug 2024	1288.80	1280.00	1320.00	1267.05	0.79 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1382.7, for a target of 1332.8 or 1291.21

Share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Target	824.05
Downside Target	964.80
Downside Target	1129.95
Downside Target	1160.40
Downside Target	1204.50
Downside Target	1253.00
Downside Target	1350.00
Downside Target	1352.40
Downside Target	1360.00
Downside Target	1375.00
Upside Target	1399.00
Upside Target	1481.25

Intraday share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Intraday Target	1262.25
Downside Intraday Target	1143.5
Upside Intraday Target	1490.5
Upside Intraday Target	1600
Downside Intraday Target	1371.75

Weekly technical analysis of Alicon Castalloy (ALICON)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	1381.00	1283.20	1481.25	1253.00	3.332 times
16 Fri Aug 2024	1278.00	1345.00	1375.00	1226.05	0.648 times
09 Fri Aug 2024	1340.55	1306.05	1360.00	1222.05	0.897 times
02 Fri Aug 2024	1306.25	1255.95	1352.40	1204.50	2.221 times
26 Fri Jul 2024	1244.15	1200.00	1259.45	1129.95	0.94 times

Price has moved up 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
22 Thu Aug 2024	1381.00	1340.00	1481.25	1222.05	0.994 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
31 Fri May 2024	1068.30	940.00	1160.40	830.20	6.648 times

Scroll below to view daily charts

Price has moved up 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 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 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 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 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 stronger in this stock.

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

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 and the buying is gaining 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 1348.01 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.