ruelfernandes

ALKEM - Bullish view for long positional trades

Long
NSE:ALKEM   ALKEM LAB LTD
ALKEM is a good buy for long term.
The price has undergone a correction and as it is at a crucial support a bounce from 3337.05 could trigger and entry at 3444.
The stock could face a resistance at around 3500 and could once again come down to the buying level before making a move towards its target price of 4070

Pharma sector making a move of around 2% and having a bright future with a good growth expectancy, expect ALKEM to make the BIG move.


Strongly recommended for a price target of 4070 - positional trade.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.