Munafa Alicon Castalloy Limited (ALICON) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Alicon Castalloy Limited (ALICON) Indicator analysis

Alicon Castalloy Limited stock tips (delivery Volume analysis)

Total 5 day volume for Alicon Castalloy Limited is 42542, out of which 24110 went into delivery, which is 56.67 percent of total volumes

Volumes in the last session was 13050, out of which 8324 went into delivery, which is 63.79 percent of total volumes.

Its safe to say that enough delivery is being taken in the stock to conclude that the trend below will continue for a couple of days.

Alicon Castalloy ALICON intraday stock tips

08 Monday December Stock tips for Alicon Castalloy Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Alicon Castalloy ALICON gave a large move recently.

Although my analysis for Alicon Castalloy is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 850.6, for a target of 869 or 884.24

05 Friday December Stock tips for Alicon Castalloy Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Alicon Castalloy ALICON gave a large move recently.

My analysis of Alicon Castalloy is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 877.3 as stoploss in an intra day buy trade for a target of 889. However, stock will show a bearish move below 877.3.

04 Thursday December Stock tips for Alicon Castalloy Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Alicon Castalloy ALICON gave a large move recently.

My analysis of Alicon Castalloy is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Alicon Castalloy stays below 877.3, but if it comes above 877.3, then a intra day buy could be more profitable.
If you take a sell trade below 877.3, then use 877.3 as stoploss and 862.5 as target. However if you take a buy trade in Alicon Castalloy, then use 877.3 as stoploss and 889.69 as target.

03 Wednesday December Stock tips for Alicon Castalloy Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Alicon Castalloy ALICON gave a large move recently.

My analysis of Alicon Castalloy is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Alicon Castalloy stays below 876.3, but if it comes above 876.3, then a intra day buy could be more profitable.
If you take a sell trade below 876.3, then use 876.3 as stoploss and 857.7 as target. However if you take a buy trade in Alicon Castalloy, then use 876.3 as stoploss and 891.85 as target.

02 Tuesday December Stock tips for Alicon Castalloy Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Alicon Castalloy ALICON gave a large move recently.

My analysis of Alicon Castalloy is bearish for shortterm, and stock might move down till 872 or till 845.7. Use a stoploss of 894.01 and if the stock hits stoploss, then it can shoot up till 915.99

01 Monday December Stock tips for Alicon Castalloy (ALICON) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Alicon Castalloy ALICON gave a large move recently.

My analysis of Alicon Castalloy is bullish for shortterm, and stock might move up till 920.6 or till 952.4. Use a stoploss of 894.14 and if this stock hits its stoploss, then it can fall down till 867.67

28 Friday November Stock tips for Alicon Castalloy (ALICON) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Alicon Castalloy ALICON gave a large move recently.

My analysis of Alicon Castalloy is bullish for shortterm, and stock might move up till 920.9 or till 953.6. Use a stoploss of 893.66 and if this stock hits its stoploss, then it can fall down till 866.44

Alicon Castalloy ALICON tips for tomorrow

Tomorrow's movement Prediction of Alicon Castalloy ALICON appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Tomorrow's movement Prediction of Alicon Castalloy ALICON is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 844.18

Munafa value: 25

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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