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 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...
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.
>Breakout from a channel and retest of 20EMA with 50% fib retracement forming a flag pattern >A buy trade can be initiated between 26.5 to 28 for at least 20% potential upside in short term with a stoploss of 24.5 >Favorable risk reward ratio of almost 5
Hello Everyone, Let's have a look at the technical weekly chart of Alok Industries, you can see that Alok Industries has given a range breakout above 26.50 with strong volume. Alok Industries stock was trading in the range of 19-26 for almost a year and now given break out. Today also the stock has hit a low of 25.25 and with strong price action made a comeback...