ALOK INDUSTRIES -- INTRADAY SETUP - 10/01/2022
ALOK INDUSTRIES another pick of intraday on 10/01/22 due to extremely Bullish indicator on hourly chart. !
Stock has edge of strong Resistance 27.50 ..at cmp 26.55 this resistance can retest on intraday and if breakout happens it will be very strong upside target near term. but on intraday basis keep 1st target 27.25-27.50 .
At trendline after some correction heikin ashi candle following green candle combination form indicate reversal bullish trend ...keep buy level just above last small green candle at above 26.70
TECHNCIAL INDICATORS.
>> Doji Following bullish candle
>> MACD above center and signal line
>> RSI Bullish
>> At trendline breakout
BUY ALOK INDUSTRIES @ 26.70
TARGET - 27.25 - 27.50
STOP LOSS 25.90
** PLease do own anlysis ..this idea can help for same..take call at own risk. !!
HAPPY TRADING. !!
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Stock has edge of strong Resistance 27.50 ..at cmp 26.55 this resistance can retest on intraday and if breakout happens it will be very strong upside target near term. but on intraday basis keep 1st target 27.25-27.50 .
At trendline after some correction heikin ashi candle following green candle combination form indicate reversal bullish trend ...keep buy level just above last small green candle at above 26.70
TECHNCIAL INDICATORS.
>> Doji Following bullish candle
>> MACD above center and signal line
>> RSI Bullish
>> At trendline breakout
BUY ALOK INDUSTRIES @ 26.70
TARGET - 27.25 - 27.50
STOP LOSS 25.90
** PLease do own anlysis ..this idea can help for same..take call at own risk. !!
HAPPY TRADING. !!
*
Comment:
Premarket BUY order at 9 am..@ 26.75
Comment:
TARGET 1- HIT 27.25
Comment:
TARGT 2 - 27.50 HIT
Comment:
HAPPY TRADING... NOW ALOK AT 28 .!
Comment:
SUCCESSFUL ..INTRADAY. !
Comment:
ALOK
Comment:
EXPLODE ! 9% UP NOW AT 29...
Comment:
ALOK ..UNSTOPABLE...!
Trade closed: target reached
Comment:
10% PROFIT BOOK ON INTRDAY ..ALOK INDUSTRIES @ 29.30... Trade close.!!