ALOK INDUSTRIES LTDUpdated

View on Alok Industries Ltd

Hey everyone, here is my view on Alok Industries.

You should wait for several confirmations before taking the trade.

For going short, the Monday candle should close below 27, and a few confirmations on the oscillators.
For going long, look for any bullish candlestick formation. The price should not cross the 27.70 resistance.


Check out the 4 hourly chart here, which is self explanatory! It is bullish on 4 hourly.
https://www.tradingview.com/x/nMoILlBO/
Note
snapshot
Get levels from this chart.

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