ALOKINDS Trading Above Tested Demand ZoneALOKINDS is trading at ₹19.93, slightly above its tested demand zone of ₹19.85 to ₹19.3, established on 16th November 2023. As this zone has been tested, it reflects previous buying activity, and traders may want to monitor price action for signs of continued upward movement or potential resistance.
−1.64 INR
−8.16 B INR
37.09 B INR
1.24 B
About ALOK INDUSTRIES LTD
Sector
Industry
CEO
Harsh Bapna
Website
Headquarters
Mumbai
Founded
1986
ISIN
INE270A01029
FIGI
BBG000CN2F36
Alok Industries Ltd. engages in the manufacture of textile, leather, and other apparel products. The firm offers cotton and blended yarn, woven fabric, knitted fabric, work wear fabrics, embroidery, garments-woven and knitted, bed linen, terry towel, polyester texturized yarn, partially oriented yarn, fully drawn yarn, shopping bags, and handkerchief. The company was founded by Surendra Bhagirathmal Jiwrajka and Bhagirathmal J. Jiwrajka on March 12, 1986 and is headquartered in Mumbai, India.
Related stocks
ALOKINDS Trading within Demand Zone of ₹21.35 to ₹20.2ALOKINDS is currently trading at ₹20.94, situated within a demand zone between ₹21.35 and ₹20.2. This zone, tested on December 20, could serve as a potential support area, suggesting opportunities for bullish price movement if the zone holds. Investors may consider observing for upward momentum with
TURNING BULLISH: ALOK INDUSTRIESAlok industries has been ìn a downtrend since Jan 2024.
On weekly chart, it took strong support on 50 EMA around 25 levels and gave a good breakout with volume in third week of Aug 2024.
However. the breakout was not supported well.
The pullback was strong enough and again reached below 25 levels.
I
Breaking The Following Channel NSE:ALOKINDS is breaking the Short Term Falling Channel after Getting Accumulated in 24-25 Zones, if it's able to Close above 30 we can see Levels of 40 Very Quickly. Keep in Radar.
Check out my other stock ideas below until this trade gets activated, I would love your feedback.
Disclaimer: T
Alok Industries making Cup and handle pattern it will move to 60Alok Industries has been Rejected from the Resistance level of 33 Rs and is making a handle. If it breaks the Resistance of 33 Rs with volume, it will move to 60 Rs.
Time - The cup (2022-2024) Takes 2 years and handling will take mostly 1 year which will happen almost in March 2025
Chart Duration
Alok Industries - Forming Cup and Handle PatternThe script is currently at the support level . The Pattern seen is the Cup and Handle Pattern with Handle now at testing the support level ( See Big green Candle ) which is acting as a support here.
The Script has the potential to give break out and can easily scale to 58 levels from Here. It is un
Alok Industries Swing Long- 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 1
ALOKINDS LONGThe Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure.
The Elliott Wave analysis indicates that the stock has completed waves (1),(2), (3), and (4), which are shown as blue numbers on the daily chart. Wave (
Flag pattern on weekly chartStock after making new high is been consolidating...longs can be considered with 27 as SL on weekly CB for target of new high with more than 1:3 RR
Else can keep in watchlist and initiate long after stock closing above 32-32.50 levels on daily CB
Kindly do your analysis before initiating trade
See all ideas
Summarizing what the indicators are suggesting.
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Oscillators
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Strong sellSellNeutralBuyStrong buy
Summary
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of ALOKINDS is 19.03 INR — it has increased by 0.69% in the past 24 hours. Watch ALOK INDUSTRIES LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange ALOK INDUSTRIES LTD stocks are traded under the ticker ALOKINDS.
ALOKINDS stock has fallen by −4.95% compared to the previous week, the month change is a 1.66% rise, over the last year ALOK INDUSTRIES LTD has showed a −35.67% decrease.
ALOKINDS reached its all-time high on Jul 3, 2020 with the price of 58.50 INR, and its all-time low was 3.80 INR and was reached on Apr 1, 2020. View more price dynamics on ALOKINDS chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
ALOKINDS stock is 2.13% volatile and has beta coefficient of 1.33. Track ALOK INDUSTRIES LTD stock price on the chart and check out the list of the most volatile stocks — is ALOK INDUSTRIES LTD there?
Today ALOK INDUSTRIES LTD has the market capitalization of 93.69 B, it has decreased by −6.77% over the last week.
Yes, you can track ALOK INDUSTRIES LTD financials in yearly and quarterly reports right on TradingView.
ALOKINDS net income for the last quarter is −744.70 M INR, while the quarter before that showed −2.73 B INR of net income which accounts for 72.72% change. Track more ALOK INDUSTRIES LTD financial stats to get the full picture.
No, ALOKINDS doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ALOK INDUSTRIES LTD EBITDA is −893.90 M INR, and current EBITDA margin is −2.41%. See more stats in ALOK INDUSTRIES LTD financial statements.
Like other stocks, ALOKINDS shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ALOK INDUSTRIES LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ALOK INDUSTRIES LTD technincal analysis shows the neutral today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ALOK INDUSTRIES LTD stock shows the sell signal. See more of ALOK INDUSTRIES LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.