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 |
| 26 Thu Dec 2024 | 21.37 | 21.26 to 21.78 | -1.61% | 0.62 times |
| 24 Tue Dec 2024 | 21.72 | 20.93 to 21.84 | 3.38% | 1.06 times |
| 23 Mon Dec 2024 | 21.01 | 20.88 to 21.49 | -0.76% | 0.97 times |
| 20 Fri Dec 2024 | 21.17 | 21.00 to 22.13 | -3.02% | 0.85 times |
| 19 Thu Dec 2024 | 21.83 | 21.70 to 22.10 | -1.89% | 0.96 times |
| 18 Wed Dec 2024 | 22.25 | 22.20 to 22.75 | 0% | 0.69 times |
| 18 Wed Dec 2024 | 22.25 | 22.20 to 22.75 | -1.9% | 0.69 times |
| 17 Tue Dec 2024 | 22.68 | 22.51 to 23.49 | -2.83% | 1.25 times |
| 16 Mon Dec 2024 | 23.34 | 22.73 to 23.70 | 2.46% | 1.37 times |
| 13 Fri Dec 2024 | 22.78 | 22.10 to 22.94 | 0.84% | 1.2 times |
| 12 Thu Dec 2024 | 22.59 | 22.50 to 23.14 | -2% | 0.96 times |
| 11 Wed Dec 2024 | 23.05 | 22.91 to 23.88 | -2.5% | 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, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
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 21.2 as stoploss in an intra day buy trade for a target of 22.03. However, stock will show a bearish move below 21.2.