If one looks at daily, clear exhaustion of momentum. Similar pattern one can see on weekly 2017-2018. Used harmonics ( I do not what one calls it , to me all looks same , BAT, Butterfly - have mirror wings) to a more comfortable collction range.
channel is LT so a stock like could be a looked as investment.
Levels are determined as chart is showing and tools calculating, interpetation is mine. not a suggestion nor a recommendation. NSE:ALKEM