Greetings Folks, today i have prepared a setup on NSE:ALOKINDS on NSE the analysis is as follows - the price is now trading near a very important resistance which has been tested many times now. The more times a resistance gets tested, the weaker it gets - the price has took support from the 0.5 fib levels, it might test it again or move down to 0.618 levels - i...
Greetings Folks, today i have prepared a setup on ALOKINDS on NSE the setup is as follows - the stock is in good uptrend - right now in my view it needs retracement - there is a imbalance which needs to get filled for further uptrend - price broke the previous highs with good volume dont play with fire, always use predefined stoploss
ALOKINDS: Alok Industries Ltd. - BULLISH? As per my analysis, We can see 34-36-40, 46-50. Immediate target can be 22.9, 29.
Alok industry did breakout and RSI support this. Make position for 1-2 week for 10-15% price movement.