short position possible below 3027 level... but work with given stop loss and given target... you should trail stop loss after 1st targe achieved .
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.
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.
Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA |...
Alkem Breakout Levels 13-04-2022 breakout entry
"W" Pattern and a long tail rejection candle above 200EMA(3430) CMP: 3514 Resistance Zone: 3594-3610 Upside Target: 3737-3756 Support Zone: 3350-3370 Downside Target: 3250-3280
The company has given a steady growth from last 3 quarters and stock had taken a healthy correction from its high. Currently it is consolidating between 100 and 200 dma forming tripple bottom and is expected to give a good breakout
NSE:ALKEM Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House. All the contents over here are for educational purposes only and are not investment advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures and options. You are also requested to apply your prudence and consult...
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...
Its Forms a Rounding Top if handle forms its forms inverted cup and handle but targets are same wait for a breakout and retest !