jeet20

Alembic LTD double bottom brekout

Long
NSE:ALEMBICLTD   ALEMBIC LTD
Alembic LTD has given a double bottom neck line breakout with good volume. It has also given close above 200 Days SMA on weekly chart. RSI is above 70 showing the strength.
CMP - 82.95
SL - 75 ( approx 10%)
Target - 100 ( approx 20%)

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