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ALOK INDUSTRIES -- INTRADAY SETUP - 10/01/2022

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ALOK INDUSTRIES another pick of intraday on 10/01/22 due to extremely Bullish indicator on hourly chart. !

Stock has edge of strong Resistance 27.50 ..at cmp 26.55 this resistance can retest on intraday and if breakout happens it will be very strong upside target near term. but on intraday basis keep 1st target 27.25-27.50 .

At trendline after some correction heikin ashi candle following green candle combination form indicate reversal bullish trend ...keep buy level just above last small green candle at above 26.70

TECHNCIAL INDICATORS.

>> Doji Following bullish candle
>> MACD above center and signal line
>> RSI Bullish
>> At trendline breakout

BUY ALOK INDUSTRIES @ 26.70

TARGET - 27.25 - 27.50

STOP LOSS 25.90

** PLease do own anlysis ..this idea can help for same..take call at own risk. !!

HAPPY TRADING. !!
*

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Premarket BUY order at 9 am..@ 26.75

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TARGET 1- HIT 27.25

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TARGT 2 - 27.50 HIT

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HAPPY TRADING... NOW ALOK AT 28 .!

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SUCCESSFUL ..INTRADAY. !

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ALOK