Alkem Labs Inverse H&S Breakout

Apr 9, 2021

Inverse Head & Shoulder & Channel breakout has occurred in ALKEM Labs today with good volume. It can be a good pick for swing trade. Accumulation can be started at 2790 till 2750 when it retests the trendline.

Note:
This is strictly for educational purposes, I'm still learning the concepts of the stock market. Do your own analysis before taking any positions.

Apr 12, 2021

Note

entry @2755

Apr 15, 2021

Note

Near entry level, hold

Apr 20, 2021

Note

Keeping stoploss intact, let's see.

May 2, 2021

Note

Exiting the trade on No P/L

May 5, 2021

Note

Damn!