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Technicals for Alok Industries Limited
By MusingTheNews
2025-07-16 20:22
Overall Technical outlook
Price Summary
On 2025-07-15, ALOKINDS's stock began at 20.91, peaked at 21.24, dipped to 20.64, and closed up -0.72% at 20.76, with a volume of 12844726 shares. In the past year, the highest stock price was 29.17, and the lowest was 14.88.
Technicals
Support and Resistance: The price of 20.76 is supported at 19.49 and capped by resistance at 21.56. These levels mark key points for Alok Industries Limited where the price could find stability, with 19.49 as a floor and 21.56 as a ceiling. Support/Resistance for ALOKINDS
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Alok Industries Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for Alok Industries Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Alok Industries Limited
Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Stochastic chart for Alok Industries Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the slopes of the 20 and 50 SMAs are starting to waver. This weakening of the bearish momentum could indicate that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should be alert for signs of a trend change as the current downtrend may be losing steam. Tripple SMA chart for Alok Industries Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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