Alembic Ltd. is engaged in the business of pharmaceuticals and real estate. Its core operation is manufacturing and marketing of APIs (active pharmaceutical ingredients) and construction and leasing of corporate & commercial properties. The company is also engaged in research and development in his pharma business. Alembic CMP is 69.20. Negative aspects of the...
#APLLTD NSE:APLLTD NSE:APLLTD CMP: 725 Target: 815 SL: 700 RR > 3 TF < 3 months Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish...
1. Bullish Divergence 2. Volumetric profile at con flunce 3. Price corrected 10 % , yearly 25%
Alembic Limited Current Stock Price 102.75 closing above 105 can give a breakout of Triangle Pattern on weekly chart, in that case the stock can touch 114 stop loss should be 99.5 on closing basis
Alembic has been consolidating in a triangle range for the past 1 month. Price Action: there is a big bull candle formed within this range on 8 June 2021 on its hourly chart. Currently Prices are trading near trendline resistance, hence any breakout if happens, then the stock can see a very good move on the upside i.e up to 140 levels initially and also towards...
All levels are mentioned on the chart. Happy Learning :)
Alembic Pharma Ltd 813 by 13th May
Alembic Pharmaceuticals 717 by 5th May