- Alok Industries is a stock that has big Fair Value Gaps and Imbalances too - Your Goal as a trader or a swing trader should be to play it our when you see it Trading at the sweet spot and when the downside is restricted as well. - Try to maximize when you see it forming a base on an LTF I mean 1H especially. - Watch out for this stock it can show a huge...
Alokind is near a Triangle breakout in 1wk time frame. You can consider this stock for long term. MID term targets seems a little less so only LONG TERM investors can jump into it. NOTE: Always study or do your analysis before investing. This is just my view and not any recommendation to buy or sell.
Reliance Industries RELIANCE1! on Tuesday said it invested 33 bln rupees ($396.2 million) in ALOK by subscribing to preferential shares of co. RELI, the largest shareholder of ALOK, holds a 40% stake in co It's a penny stock . Today's news this stock create upper circuit. These are the Level Details here for Stop Loss : 20.50 21.10 22.50
Alok industries is multi testing the demand zone ,so we can look for buying , stop loss will remain below 18
Alok Industries Ltd is engaged in the business of yarn, weaving, knitting, processing, home textiles, apparel fabrics, garments and readymade garments. CMP: 32.85 Target: 38 and 44 Breakout consolidation phase now on big goal after retrace. { 32.25 } Use buy on dip and five time investment strategy to get maximum returns. Feel free to share your feedback and...
in next 6 month to 1 year it has tendency to touch 47 - 72. BO level is 26.
If it takes support on the trendline and gives a weekly positive close, then we can get a nice swing trade. Keep an eye.
ABOVE 26 CAN TOUCH 30. BELOW 24.8 SUPPORT AT 23-20.