theTAguy

View on Alok Industries Ltd

theTAguy Updated   
NSE:ALOKINDS   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.
Comment:
Get levels from this chart.

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.