IF IT HOLD THE GIVEN LEVELS, THERE CAN BE UPMOVE TILL 3000 ELSE IT MAY COME DOWN TO 2775 ************************************************************************************************************************************************ Hi all, Its pleasure to have you all here. I have started putting these charts as a contribution from my side to all people...
It has already rally of 200 points from the low but still looks good for 2700 and supported by break out from a narrow range.
This particular trade is for long term (15 weeks at least). May or may not close at stoploss Price is at a very strong level, expecting a nice push of at least 50-60% Overall this stock has strong fundamentals.
stock is in downward direction. If u wish to buy 2300 sl under 2280
SL compulsory Buy zone at lower bottom or buy zone 1668 to 1715 (M.I entry) with SL after breakout as risky buy at 1847
ALKEM CMP 2217 Target 2700 plus Stop 2100 Weekly chart Stock has formed a Cup and Handle pattern. Stock is on the verge of breakout of the handle. Ideal level to go long on the stock would be after getting confirmation of breakout of the cup lip which is at 2350.