MrGaggi

ALKEM Gaining Strength

Long
NSE:ALKEM   ALKEM LAB LTD
Alkem is gaining strength and RS has turned positive along with RS Average has also started rising. Looking at current breakout price may test breakout range again which may cool of RS somewhat and retest Smoothening RS average line too. A partial entry can be made right now with target to average if price falls and sustain within buy range. If price close below Buy range on weekly basis it will be considered as Exit from trade as SL.

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