ALKEM LABORATORIES LTD.Updated

ALKEM to be watch next week

ALKEM has seen good buying at first hour of previous session; however, the price couldn't sustain the breakout. The stock should be watch list and can enter long at 3380 with stop loss of 3300 for the target of 3460 and 3540. If price reverse below 3300 then the setup remains invalid
Trade active
3440 high so far
Trade closed: target reached
Made first target of 3460, can book partially or trail stop loss to cost and hold

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