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Technicals for Alok Industries Limited
By MusingTheNews
2025-09-04 20:21
Overall Technical outlook
Price Summary
Alok Industries Limited's stock began trading at 18.34 on 2025-09-03, soared to 18.74, dipped to 17.15, and finished the day 0.16% higher at 18.37, with 10895401 shares exchanged. The stock's highest price in the past 52 weeks is 28.14, while its lowest price during the same period is 14.88.
Technicals
Support and Resistance: At 18.37, the price is supported by 17.74 and resisted by 18.72. This indicates that the price for Alok Industries Limited might fluctuate between these levels, with 17.74 acting as a support and 18.72 limiting further upward movement. Support/Resistance for ALOKINDS
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for Alok Industries Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for ALOKINDS. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Alok Industries Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Alok Industries Limited
Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Stochastic chart for Alok Industries Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Tripple SMA chart for Alok Industries Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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