Price and trend forecast of ALKALI for Tomorrow, Weekly, Monthly
Alkali Metals Limited
Symbol: NSE:ALKALI
ISIN: INE773I01017
100.34
As on 2025-02-04
ALKALI's Today's Performance
Alkali Metals Limited started the day by opening at 102.02 today 2025-02-04. Its shares reached a high of 102.58 and dipped to a low of 99.81 in intraday. When the markets closed, ALKALI’s stock price settled at ₹100.34 per share. Also check out its key support and resistance levels.
ALKALI Buy/Sell Targets
Tomorrow, sell ALKALI when its price reaches ₹ 100.34 with a stop-loss order at ₹ 101.70. You can set the target price as ₹ 98.98 to capture potential gains. This sell position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.
In the sections below, we will discuss detailed share price target of ALKALI for tomorrow's session along with weekly levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.
Important Down levels for ALKALI
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 102 |
| Tomorrow Down Target 2 | 104 |
| Tomorrow Down Target 3 | 105 |
Important Levels for ALKALI
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 99 |
| Tomorrow Up Target 2 | 98 |
| Tomorrow Up Target 3 | 96 |
Based on where the stock opens tomorrow, if ALKALI opens on a positive note, our first target will be ₹102. If Target 1 is achieved, we will aim for Target 2 which is ₹104.
But if ALKALI falls below the average value of ₹100.91, you can enter a sell side position with target number 1 - ₹99 and second target - ₹98 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.
Daily Volume chart of ALKALI
Looking at ALKALI, we've seen a Decreasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.
In terms of its price, ALKALI has been on a Upward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for ALKALI is moderate bullish.
Tomorrow's Volume based share price Forecast for ALKALI
ALKALI's Volume is currently in a Decreasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a moderate bullish trend. Volume trend strength over the last month compared to the last week is 2201%.
Reversal detection for ALKALI
ALKALI may trend may continue to be bearish since stock is making lower low and we can get target of ₹101 in morning tomorrow
| Target 1 tomorrow | 102 |
| Target 2 tomorrow | 103 |
| Target 3 tomorrow | 104 |
Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.
Combine this trend forecast with ALKALI's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.
Based on where the stock opens tomorrow, if ALKALI opens on a positive note, our first target will be ₹102.01. If Target 1 is achieved, we will aim for Target 2 which is ₹103.68.
But if ALKALI falls below the average value of ₹100.91, you can enter a sell side position with target number 1 - ₹99.24 and second target - ₹98.14
ALKALI's Weekly Targets
| 1st Up Target | 103.56 |
| 2nd Up Target | 106.77 |
| 1st Down Target | 98.17 |
| 2nd Down Target | 95.99 |
As the week for ALKALI ended on bearish sentiments, we can expect further continuation of this sentiment. ALKALI's initial target will be 103.56 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 98.17 in the upcoming week.
Weekly OHLC Values
| Open | 104.60 |
| High | 104.60 |
| Low | 99.21 |
| Close | 100.34 |
Week for ALKALI started with an open price of 104.60, and the close was at 100.34. ALKALI reached the highest of 104.60 and dipped lowest up to 99.21 last week. This indicates a bearish sentiment for the week.
ALKALI full month swing targets
| Monthly Up Target 1 | 108.95 |
| Monthly Up Target 2 | 112.16 |
| Monthly Down Target 1 | 92.78 |
| Monthly Down Target 2 | 85.21 |
Targets of ₹108.95 can be expected to be reached in the coming month. Once ALKALI achieved this target, we can aim for the next upside target of ₹112.16.
ALKALI if fails to hold upside, down targets of ₹92.78 and ₹85.21 can be achieved by end of this month.
For complete three weeks if ALKALI is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.
Related Stocks in the Same Sector as ALKALI
| Symbol | Name | Industry |
|---|---|---|
| ULTRACEMCO | UltraTech Cement Limited | Building Materials |
| ASIANPAINT | Asian Paints Limited | Specialty Chemicals |
| JSWSTEEL | JSW Steel Limited | Steel |
| TATASTEEL | Tata Steel Limited | Steel |
| GRASIM | Grasim Industries Limited | Building Materials |
Summary
ALKALI is expected to reach the target of 102.01 in tomorrow's trading session.
After achieving the initial target in ALKALI, we will aim for higher targets of 103.68 tomorrow.
However, if ALKALI starts to trade below ₹100.91, then we will shift our focus to the sell side and aim for down targets of 99.24 and 98.14.