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(ALOKINDS_BE) Alok Industries complete technical analysis [charts+indicators] | Buy/Sell Alok Industries | (ALOKINDS_BE) share price targets

Complete technical analysis of Alok Industries (ALOKINDS_BE) by charts plus indicators, forecast predictions and share price targets for Alok Industries (ALOKINDS_BE)

Showing technical analysis as on 2024-04-05 View latest technical analysis

10 day averaged volume of Alok Industries is 4089423

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	28.70	29.00	29.40	28.60	0.647 times
04 Thu Apr 2024	29.00	29.60	29.95	28.60	0.841 times
03 Wed Apr 2024	29.30	28.50	29.50	28.00	1.34 times
02 Tue Apr 2024	28.45	28.00	28.45	27.50	1.394 times
01 Mon Apr 2024	27.10	26.05	27.10	26.05	0.825 times
28 Thu Mar 2024	25.85	26.30	26.40	25.80	1.346 times
27 Wed Mar 2024	26.10	26.70	27.20	26.00	1.21 times
26 Tue Mar 2024	26.65	27.50	27.70	26.60	1.118 times
22 Fri Mar 2024	27.35	27.00	27.95	27.00	0.592 times
21 Thu Mar 2024	27.05	27.00	27.30	26.85	0.56 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 29.1 as stoploss in an intra day sell trade for a target of 27.89. However, stock will show a bullish move above 29.1.

Share price targets for Alok Industries (ALOKINDS_BE)

Target Type	Value
Downside Target	10.10
Downside Target	13.75
Downside Target	25.80
Downside Target	27.15
Upside Target	28.75
Upside Target	29.95
Upside Target	30.50
Upside Target	30.85
Upside Target	32.00
Upside Target	32.60
Upside Target	32.70

Intraday share price targets for Alok Industries (ALOKINDS_BE)

Target Type	Value
Downside Intraday Target	26.52
Downside Intraday Target	24.33
Upside Intraday Target	30.42
Upside Intraday Target	32.13
Downside Intraday Target	28.23

Weekly technical analysis of Alok Industries (ALOKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	28.70	26.05	29.95	26.05	1.374 times
28 Thu Mar 2024	25.85	27.50	27.70	25.80	1.142 times
22 Fri Mar 2024	27.35	27.40	28.75	25.80	0.545 times
15 Fri Mar 2024	27.40	32.00	32.00	25.80	1.431 times
07 Thu Mar 2024	30.50	29.00	30.50	27.60	0.958 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 Alok Industries (ALOKINDS_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	28.70	26.05	29.95	26.05	0.285 times
28 Thu Mar 2024	25.85	29.40	32.00	25.80	0.771 times
29 Thu Feb 2024	28.85	32.50	32.60	27.15	11.156 times
31 Wed Jan 2024	32.50	32.00	32.70	30.85	0.196 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 Alok Industries (ALOKINDS_BE)

Price action analysis of Alok Industries ( (ALOKINDS_BE) ) 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 Alok Industries ( (ALOKINDS_BE) ) 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 Alok Industries ( (ALOKINDS_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 Alok Industries stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Alok Industries 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.

Alok Industries 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Alok Industries 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 Alok Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.52 and Alok Industries (ALOKINDS_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 Alok Industries (ALOKINDS_BE) stock. Volume based technical analysis of Alok Industries (ALOKINDS_BE) stock is negative.

Alok Industries 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.