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Alok has broken the TL and BO done upside.Tgt 6-7.Downside correction possible as RSI is overbought teritory.Might reverse.before the next leg.
Shark pattern in Alok industries is likely to complete in monthly charts , by keeping longer term horizon it may move towards higher level . stop loss at 2.5 to 2.3 levels
Buy Alok Industries at CMP
Target 1: 7.5
Target 2: 15
Strict SL: 2.7
PS: Buy this at your own risk. This deal is attractive as the downside is small.
I request all the experts, traders, gamblers, operators, investors of this co. CEO, board of directors, auditors and whoever reading this to share your feedback and thoughts on buying Alok textiles