Alkem - Support of 50 EMA on weekly time frame
On weekly time frame, Alkem has been taking support from last 2 months. Trade can be executed now with 5% SL (i.e.) closing below 50EMA on weekly time trame and target of near high swing i.e. 4040. A trade with R:R of 1:3
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. Read more in the Terms of Use.