Got the confirmation now that Alok is out of bearish trend
Stock is giving BO after almost 1 year above trendline, follow chart for tgts and support.
Buy Above 17 Sl - Between 15.5 to 15 Target - 5-67% This is just for educational purpose. Weekly RSI crossed 40 Daily RSI Crossed 60 Trend Already changed Upside high probability
ALOKINDS Descending Triangle forming May be a good downside here of about 30%
Accumulate Alok at the current price..... Good stock for short swing.....If it crosses 21.65... fly at high...Targets are mentioned in the chart....
Can go up in next few days. Green lines are the targets
Alok Industries is forming a triangle pattern since last 9 months now its came to very strong support level of Rs 19 /- And its also going to breakout the triangle pattern. Currently its running at Rs 20.70 /- Its right time to invest in it. 1st target is Rs 29/- 2nd target is Rs 32/-
Below observations are made before going long 1) Hammer candle suggest trend reversal.. 2) Upside candles are more strong as compared to red candles.. 3) Upside candles having more volume than avg volume.. 4)Price respecting lows with avg volume and could not break lows.. 5) No sign of heavy selling volume.. So follow Entry and SL according to chart data.. For...
Alok Industries - At 2 years old support. Volume dried down. Any small upwards spike from this zone could leads to an nice upmove. Results are bad though.
Alok industries is multi testing the demand zone ,so we can look for buying , stop loss will remain below 18
ALOK INDUSTRIES -- positional pick on march 2022 .. 1> stock taken support on Daily Chart consecutive 4th time ..on chart seen up 4th up arrow around 21-22 is strong support area from where stock bounce back last 2 sessions. 2> RSI seen double bottom formation at support area 3> Potential upside is 20.30% FROM CMP@23.85 TARGET 27-30-32 with stop loss 20 Risk...
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...
ALOK INDUSTRIES == 15 MIN CHART -- INTRADAY 13/04/2022 1. Higher high pattern seen on chart RSI above 60 level strong bullish . 2. trendline support at 28.25 level where channel breakout above 28.75 is BUY level stock currently trading at 28.60 level 3. if stock fall around trendline support 28.25 is another BUY level Where risk reward ratio more at reward and...
Vanakkam Makkale,once again it's me Vijay. Expecting 15% ROI for swing and also for short term. Do your own analysis and take trade accordingly makkale and also whatever we do must follow risk reward and money management.
Opportunity to earn 50%+ in swing trade. CMP: 26.30 ( Good to Buy @ 26.60 ) SL: 24.60 Target: 44.60 ( Targets calculated on the basis of Fib. and previous swings ) Disclaimer: I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading or investing. I am here just to share my views...
ALOK INDUSTRIES INTRADAY PICK as on 23/03/2022 BULLISH SIGNS ON DAILY CHART >> Triangle pattern Breakout on daily chart >> Channel breakout seen >> Resistance breakout at 25 level >> volume increase at breakout level BUY ALOK INDUSTRIES above 25.60 intraday TARGET 1 - 26 TARGET 2 - 27 stop loss 24.70 ** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own...
chart patterns for swing trades ,adjust accordingly market behavior and further price action.
ALOK INDUSTRIES ...on Hourly chart update today 08/02/2022 .. triangle formation is in progress , at present bellow 20,50,200 SMA ..but strong support line at 27.50 taken support today around this level consecutive 3rd time and double bottom formation at trendline also seen ..triangle breakout bullish line seen at 29 stock will be bullish again once cross and...