Get started
SHRIHARII

ALICON - 2.5 Years Consolidation Breakout / All Time High

Long
ALICON CASTALLOY L (NSE:ALICON)  
SHRIHARII  
NSE:ALICON   ALICON CASTALLOY L
Trend Analysis Beyond Technical Analysis Fundamental Analysis consolidation-breakout breakouttrading weeklyclosing strongbreakout alltimehighbreakout bullishpattern longterminvesting fundamental-analysis Technical Analysis
2
0
trendanalysis beyondta fundamental consolidation-breakout breakouttrading weeklyclosing strongbreakout alltimehighbreakout bullishpattern longterminvesting fundamental-analysis technicalanalysis
Alicon Castalloy Ltd

1) Time Frame - Weekly.
2) The Stock has been in a Consolidation since (August, 2021). Now It has given a Huge Consolidation breakout & Closed at it's All Time High with good bullish momentum candle & with good volume in weekly Time Frame.
3) The next resistance would be around the price (1400 - 24.85% from the price 1121.10). Also It may perform well in the long term.
5) Recommendation - Strong Buy
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.