Alkem labs ltd All levels given in chart, do your own analysis , trade based on ur own risk and reward.....
Disclaimer: It's education and learning purpose only, trade on your own risk. Possible to touch 3300 level sl 2950.
ALKEM Sell for intraday trading ...............................
Alkem a good company by fundamentals Buying zone 3100-3250 Sl 2980 Tgt 3400 3600 3800 3980 Ask your financial advisor before buying Only for educational purposes
ALKEM LABS - Dow theory reversal First higher swing high in a lower low formation accompanied by multiple inside bar breakouts.
Reason for long a) any intraday pull back is long b) trendline breakout SL compulsory
Reason for long a) OI build up b) good risk reward zone c) w pattern d) SL compulsory
short position possible below 3027 level... but work with given stop loss and given target... you should trail stop loss after 1st targe achieved .
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Alkem Evening star patten ay resistence entry at 3204 target at 3093 stop loss at 3326
*ALKEM LAB LTD* Time Frame: Daily Observation: * Rounding Bottom Formation on Daily Time Frame. * Overall Pharma Sector is doing well. Resistance/Target: 3595 3786 3947 4070 Support: 3158
A nice base formation combination of multiple patterns a VCP and Darvas Box and Fibonacci. can stage early entry at the Daily close of 3270 will prove the strength and a close above 3375 will bring the momentum in. Disc - views are personal trade carefully.
its gonna give a huge breakout. the stock is trading very low, and all it can go till 3677!!
An M pattern is a bearish pattern and it is formed in this stock in downtrend
Alkem Lab. is moving in channel & can breakout this time above 200ma
ALKEM LAB LTD bullish trend HL ON CANDLES AS WELL AS HL ON RSI.
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Alkem Breakout Levels 13-04-2022 breakout entry