Stock analysis Alok Industries Limited ALOKINDS
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Recent prices of ALOKINDS Alok Industries Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 25 Thu Apr 2024 | 27.60 | 27.50 to 27.90 | -0.36% | 0.18 times |
| 24 Wed Apr 2024 | 27.70 | 27.40 to 28.50 | 1.09% | 0.3 times |
| 23 Tue Apr 2024 | 27.40 | 27.10 to 27.80 | -13.29% | 0.25 times |
| 30 Tue Jan 2024 | 31.60 | 31.30 to 32.45 | -1.4% | 0.53 times |
| 29 Mon Jan 2024 | 32.05 | 31.80 to 32.85 | -0.62% | 0.8 times |
| 25 Thu Jan 2024 | 32.25 | 32.05 to 33.60 | -2.27% | 1.04 times |
| 24 Wed Jan 2024 | 33.00 | 29.05 to 33.10 | 9.63% | 2.44 times |
| 23 Tue Jan 2024 | 30.10 | 30.00 to 32.15 | -4.9% | 0.87 times |
| 22 Mon Jan 2024 | 31.65 | 31.40 to 32.55 | -0.78% | 0.53 times |
| 19 Fri Jan 2024 | 31.90 | 31.60 to 32.60 | 2.74% | 1.03 times |
| 18 Thu Jan 2024 | 31.05 | 29.80 to 31.45 | -6.19% | 2.22 times |
| 17 Wed Jan 2024 | 33.10 | 31.55 to 34.00 | 1.85% | 1.54 times |
Technical analysis forecast for Alok Industries Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Alok Industries Limited ALOKINDS at this time. Stock is falling and might fall more.
It appears as if Alok Industries Limited ALOKINDS gave a large move recently.
Stock of Alok Industries Limited (ALOKINDS) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Alok Industries Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 27.2 as stoploss in an intra day buy trade for a target of 30.03. However, stock will show a bearish move below 27.2.